Platts reported that China's producer of moly concentrate, China Molybdenum, said that they expect the Chinese steel sector to give a boost to prices through 2013.
Articles Tagged "moly prices"
A brief overview of molybdenum price developments, supply and demand and significant market movers.
Platts reported that the gap between offers and bids for molybdenum oxide in Asia persists, as trade activity remains thin.
Platts reported that spot molybdenum oxide powder offers from Chinese traders have risen to $12.20-12.50/lb.
Platts reported that molybdenum oxide prices jumped up over the course of the week, despite a drop on Friday.
Platts reported that Chilean and Chinese sellers of spot molybdenum oxide supplies to the Asian market, held their offers at $11-11.40/lb C.
Platts reported that the price of asian molybdenum oxide fell to $11.50-12/lb due to low trade volumes from South Korea and China.
Platts reported that weak molybdenum trade stemmed hopes that prices would recover.
Uncertainty remains for the 2012 molybdenum market following the volatility of 2011.
Platts reported that weekly dealer moly oxide was assessed lower than last week at $13.20-$13.50 per pound.