International molybdenum market prices continue to rise

       International molybdenum market prices continue to rise. Platite molybdenum oxide distribution price of 8.5-8.6 US dollars / lb molybdenum, raised to 8.6-8.7 US dollars / lb molybdenum; European molybdenum iron daily price of 21-21.2 US dollars / kg molybdenum, raised to 21.05-21.25 US dollars / kg molybdenum. Domestic molybdenum concentrate market is stable, increase in inquiry, turnover is active. Current general grade molybdenum concentrate mainstream offer in 1370-1390 yuan / ton, high grade molybdenum concentrate mainstream offer in 1390-1420 yuan / tonne degrees. Ferro-molybdenum domestic market is stable, the cost of raw materials is too high, supporting the price of ferro-molybdenum remained stable, manufacturers mainstream offer at 9.6-9.7 yuan / tonne.