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RR1:AU
Rights Issue and Shortfall
Platts reported that weak molybdenum trade stemmed hopes that prices would recover.
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.
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