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[Ferro-Alloys.com]Approaching the Christmas holidays, many European and American customers quitted the market, preparing for Christmas holidays.

[Ferro-Alloys.com]Chinese FeMo price softened, as steel mills tendered small volumes. Transaction price lowering to RMB88,000/mt (USD14,426/mt, export duty excluded) by acceptance. Overseas moly oxide price rallied, transacting at USD9.1/lbMo.

[Ferro-Alloys.com]Overseas moly oxide price rallied, transacting at USD9.1/lbMo. Consumers believed it a best opportunity of buying materials, as they expected price to bottom.

[Ferro-Alloys.com]In the first of quarter of 2014, Chinese FeMo price slipped to RMB93,000-94,000/mt (USD15,245-15,409/mt, export duty excluded) in early March from RMB100,000/mt (USD16,393/mt, export duty excluded) in January.

[Ferro-Alloys.com] Chinese FeMo price kept steady, but the tender price of steel mills maintained low level. In early month, FeMo deals resumed to quietness, transacting at RMB88,000/mt (USD14,426/mt, export duty excluded) by acceptance.

[Ferro-Alloys.com]In October, 2014, China exported 537mt moly concentrates, up 40.2% Y-o-Y(383mt) and 33.2% M-o-M(403mt).

[Ferro-Alloys.com]Chinese FeMo price kept steady, but the tender price of steel mills maintained low level.

[Ferro-Alloys.com]Overseas moly oxide transaction price dropped to USD8.85/lbMo, but deals were limited.