Review of Molybdenum Market in May

Molybdenum prices both at home and abroad fell sharply in May:

Ferromolybdenum fell by 20,000 yuan, or 10.7% from the highest price in April;

Molybdenum concentrate fell by more than 300 yuan, or 10.3%;

Ammonium tetramolybdate fell by 15,000 yuan, or 8.1% %;

Molybdenum powder fell by 15,000 yuan, or 4.3%;

International molybdenum oxide fell by $1.2, or 6.8%.

During the period from 5.23 to 5.27, the bulk shipment price of molybdenum mines fell to the range of 2500-2600 yuan;

The transaction price of ferromolybdenum fell to the range of 16,7000-170,000 yuan;

The transaction price of ammonium tetramolybdate fell to less than 170,000 yuan;

The transaction price of molybdenum powder fell to around 335 yuan;

The transaction price of international molybdenum oxide fell to less than 18 US dollars.