The Conversation (0)
Asian Molybdenum Trade Thin on Anticipated Weaker Prices
Oct. 24, 2011 03:15PM PST
Industrial Metals InvestingPlatts reported that moly trading in Asia was slow as traders hold out for weaker prices.
Platts reported that moly trading in Asia was slow as traders hold out for weaker prices.
As quoted in the market news:
A molybdenum trader in Southwestern China offered oxide $12.75/lb CIF Korea last week, but failed to make a deal.