【SMM Molybdenum News Flash】On June 13, 2024, the bidding results of molybdenum concentrate in Luanchuan molybdenum mine were announced (base price of 3830 yuan/ton), with a transaction volume of 810 tons. The transaction price of molybdenum concentrate with a molybdenum content of 45% or above was 3880-3895 yuan/standard ton, and the weighted average price was 3888 yuan/ton. The transaction price of molybdenum concentrate with a molybdenum content of 50% or above was 3880-3905 yuan/standard ton, and the weighted average price was 3887 yuan/ton.