Chilean and Chinese Sellers Hold Offer Price Steady

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.

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.