Slow Moly Trade Dampens Hopes of Higher Prices

Platts reported that weak molybdenum trade stemmed hopes that prices would recover.

As quoted in the market news:

Spot moly oxide prices have been falling for 11 weeks in a row. Platts daily moly oxide dealer prices stood at $12.90-13/lb Tuesday, down from $14.20-14.30/lb on April 12.

Click here to read the full Platts report.

Get the Latest Molybdenum Investing Stock Information

Get the latest information about companies associated with Molybdenum Investing delivered directly to your inbox.

Molybdenum

By selecting company or companies above, you are giving consent to receive email from those companies. And remember you can unsubscribe at any time.

Comments

Leave a Reply