[Mo] export quota policy of the Chinese molybdenum market improved slightly

Recently, the domestic goods market molybdenum slightly weak, the price of molybdenum small callback. Today, the mainstream ore prices for 4350 -4400 yuan / ton, the contract is not strong. Small market inquiry.
It is understood that the recent overall performance molybdenum market slump, affected by the policy, the domestic market has a wait-and-see wait, so little turnover, prices began to decline slowly.
Other exports, traders said, and permitting the publication of the list, the international market is not produce obvious effects Molybdenum products because the European market remains stationary, and Rotterdam warehouse ferro molybdenum spot price at 74 -74.5 U.S. dollars / kg molybdenum. Exporters have said that the recent export still a small spot, Price did not decline.
Reportedly, export quota policy related details will be promulgated in the near future. Prior to the announcement of the policy is expected to domestic molybdenum market will remain calm and molybdenum prices to rebound in the short term.