Moly Oxide Spot Trades Quiet in Asia as Buyers and Sellers Retreat

- May 26th, 2011

Platts reported that spot trading of moly oxide in Asia has slowed down as traders wait for better prices.

Platts reported that spot trading of moly oxide in Asia has slowed down as traders wait for better prices.

The market news is quoted as saying:

Spot buying interests from South Korean buyers were nearly absent due to the continuing weakness in the European ferromoly market.

To read the full market news, click here.

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