Moly Oxide Buyers Look for Lower Prices
Platts reported that molybdenum oxide traders are holding out for lower prices.
Platts reported that molybdenum oxide traders are holding out for lower prices.
Platts reported that molybdenum oxide prices fell due to pressure from a slower ferrochrome market.
Platts reported that molybdenum oxide trading was slow as the gap between bids and offers widened.
Platts reported that traders were stalling on Asia moly oxide contracts, expecting prices to fall next week.
Platts reported that a tender by Korea Resources to buy 80-100 mT of moly oxide has received no offers.
Platts reported that the price of moly oxide fell as buyers retreated.
Platts reported that trading of spot moly oxide was slow due to a price gap.
Platts reported that molybdenum oxide prices increased about 5 cents.
Platts reported that weekly dealer moly oxide was assessed lower than last week at $13.20-$13.50 per pound.
Platts reported that weak trading forced moly oxide prices further down.
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