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Can the price of molybdenum rise to 3000 in 2022?
Not necessarily.

1, Luanchuan large molybdenum mine held online auction to sell molybdenum concentrate, and the transaction price of 45-50% molybdenum concentrate rose to 2495-2505 yuan/ton, and the transaction price of more than 50% molybdenum concentrate rose to 25 15-2525 yuan/ton.

2. Another molybdenum mine in Luanchuan held an offline auction to sell molybdenum concentrate, and more than 45% of molybdenum concentrate was limited to 2,500 yuan in cash and 2,535 yuan in acceptance. Before the manuscript was published, the bid opening was not completed.

3. According to the statistics of Molybdenum Capital Trading Network, the transaction price of molybdenum concentrate today has exceeded the highest price of 202 1 year, which is the highest level since September 2009.

4. Compared with the strong performance of domestic molybdenum market, the international molybdenum market is slightly weak. The trading price of ferromolybdenum in the European market fell further, dragging the price of molybdenum oxide below 19 USD. At present, the quotation of European ferromolybdenum converted into local RMB excluding tax is lower than the transaction price of ferromolybdenum in China market.