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    market news

    Asian Molybdenum Trade Thin on Anticipated Weaker Prices

    Investing News Network
    Oct. 24, 2011 03:15PM PST
    Industrial Metals

    Platts 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.

    Click here to read the full Platts report.

    market newschina
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