Molybdenum Investing

Offer-Bid Gap Persists in Asian Molybdenum Oxide Market

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Investing News Network • February 28, 2013

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.

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