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Moly Oxide Under Downward Pressure After Japan Quake Nervousness
Mar. 16, 2011 02:40PM PST
Industrial MetalsPlatts reported that prices for molybdenum oxide are unstable over concerns that Japan’s demand for the metal may wane.
Platts reported that prices for molybdenum oxide are unstable over concerns that Japan’s demand for the metal may wane.
The market news is quoted as saying:
A US trader conceded that moly oxide was looking much softer this week, because of the concerns about Japanese consumption.
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