company news about The international molybdenum price continued to rise after stopping the decline

January 13 international molybdenum price: international molybdenum oxide (+0.2)28.8-29.45(+0.05) USD/lb; European ferro molybdenum (+0.8)71.8-73.5(+2) yuan/kg (discount RMB 2887-295,500 yuan local tax exclusive /60 base tons).

Last week, international molybdenum prices fell sharply, molybdenum oxide fell sharply, but with the European molybdenum market active trading on Thursday, prices recovered. Ferro molybdenum price is relatively strong, the early decline is much smaller than molybdenum oxide, and the price after the rise is larger, continue to maintain the spot tension situation. After the price rise, coupled with the Chinese market approaching the Spring Festival, trading volume.