A Jiangxi Enterprise Closed a Deal for 320 mt of 40%–45% Molybdenum Concentrate at 4,450 yuan

Published: Mar 4, 2026 16:33

Save

[Transaction Information on Molybdenum Concentrates] SMM News on March 4: A molybdenum concentrates enterprise in Jiangxi sold 40%–45% molybdenum concentrates, with copper averaging 1.985% and phosphorus averaging 0.068%. The transaction price was 4,450 yuan/mtu, with a bidding floor price of 4,410 yuan/mtu. Payment terms were 35% cash and 65% acceptance, and the volume was 320 mt.

Data Source Statement: Except for publicly available information, all other data are processed by SMM based on publicly available information, market communication, and relying on SMM‘s internal database model. They are for reference only and do not constitute decision-making recommendations.

For any inquiries or to learn more information, please contact: lemonzhao@smm.cn

For more information on how to access our research reports, please contact:service.en@smm.cn

Related News

Common.Time.hoursAgo

Landslide at DRC Tantalum Mine Kills Over 200, Disrupts Supply and Spikes Prices

[SMM Tantalum News] On March 3 local time, a landslide occurred at the Gasasa mining site in Masisi Territory, North Kivu Province, eastern DRC, burying hundreds of people. Local rescuers estimate the death toll exceeds 200, with specific casualty figures still being tallied. Currently, the mine is controlled by the rebel group M23, which, fearing airstrikes by DRC government forces, has refrained from modern mechanized mining. Due to supply disruptions of tantalum ore (Ta₂O₅≥30%), transactions have been reported at $210–220 per pound, representing a sharp price surge. As this news spreads through the market, coupled with the tight supply-demand balance, tantalum ore prices are expected to continue climbing, potentially reaching new highs.

Common.Time.hoursAgo

[SMM Analysis] The Traditional Peak Season Started Slowly; Stainless Steel Social Inventory Rose Slightly, with Follow-Up Depending on Demand Materialization

Common.Time.hoursAgo

Mar 5, 2026 19:55

Tungsten Scrap Prices Rise in Europe and India, Up to 8% Increase Recorded

[SMM Tungsten Express] As of March 5, SMM data shows European tungsten scrap drill tips quoted at €95-105/kg, averaging €100/kg, up 8% from February 26; European scrap carbide blades at €97.5/kg. Indian FOB scrap drill tips at $125-140/kg, up $20 from last week; scrap carbide blades FOB at $110-125/kg.

Mar 5, 2026 19:55