Asian Molybdenum Trade Thin on Anticipated Weaker Prices

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.

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