Moly Oxide Spot Trade Stays Thin in Asia

Platts reported that spot trade of molybdenum oxide in Asia this week remained thin, with buyers extending low offers.

As quoted in the market report:

The spot trade of moly oxide in Asia was also at a standstill in the past week as sellers declined to sell below $11/lb CIF/in-warehouse, while buyers sought material at $10.80-10.90/lb.

To view the whole Platts report, click here.