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       International molybdenum market prices continue to rise, the price on the distribution of molybdenum oxide Platts 10-10.5 dollar / pound molybdenum raised to 10.5-10.9 dollar / pound molybdenum; European ferromolybdenum quote of $25.7-26 / kg up to $26-26.5 / kg of molybdenum and molybdenum. The domestic molybdenum concentrate continues to supply tension. At present, the general grade molybdenum concentrate is quoted at 1460-1480 yuan / tonne and high grade at 1480-1510 yuan / tonne. A consumption of ferromolybdenum market inventory, raw materials difficult mining, manufacturers confidence, the mainstream price raised to 10.4-10.6 yuan / ton basis.

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