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    market news

    Asian Buyer Demand For Molybdenum Oxide Increases

    Investing News Network
    Oct. 17, 2012 09:00AM PST
    Industrial Metals

    Platts reported that buyer demand in Asia for molybdenum oxide pushed forward on Tuesday.

    Platts reported that buyer demand in Asia for molybdenum oxide pushed forward on Tuesday.

    As quoted in the market report:

    Spot deals for molybdenum oxide powder were reported at $11.15-11.25/lb in-warehouse/CIF basis, while offers were at $11.40-11.50/lb, Chinese and South Korea traders said.

    Click here to view the full Platts report.

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