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    market news

    Chilean and Chinese Sellers Hold Offer Price Steady

    Investing News Network
    Oct. 26, 2012 07:13AM PST
    Industrial Metals

    Platts reported that Chilean and Chinese sellers of spot molybdenum oxide supplies to the Asian market, held their offers at $11-11.40/lb C.

    Platts reported that Chilean and Chinese sellers of spot molybdenum oxide supplies to theĀ Asian market, held their offers at $11-11.40/lb C.

    As quoted in the market report:

    In Asia, a Chinese trader was offering $11/lb CIF Busan/Japan to South Korea and Japanese traders but had rejected bids below $11/lb, traders said.

    To view the whole Platts report, click here.

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