Domestic molybdenum oxide exports to restart

With the domestic molybdenum prices rose, and foreign molybdenum prices continue to rise, domestic and foreign prices of molybdenum oxide again spread. At present, the price of molybdenum oxide in Europe is 18.7 US dollars / lb molybdenum (equivalent to 3,000 yuan / ton), the domestic price of molybdenum oxide 2600-2650 yuan / ton. In the face of huge spreads, Chinese traders are actively preparing to start exporting, and even traders have shipped molybdenum goods to bonded warehouses waiting for exports.