Offer-Bid Gap Persists in Asian Molybdenum Oxide Market

Platts reported that the gap between offers and bids for molybdenum oxide in Asia persists, as trade activity remains thin.

As quoted in the market report:

Market participants remained divided on molybdenum oxide prices in thin trade Thursday, on the back of a deal reported at $11.13/lb CIF Busan while sellers continued to offer $11.30/lb CIF main Asia ports.

To view the whole Platts report, click here.