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Metal Bulletin reported that molybdenum prices fell today as “panicking traders sold stocks.”

Metal Bulletin reported that molybdenum prices fell today as “panicking traders sold stocks.”

As quoted in the market news:

Ferro-molybdenum prices fell to $32.60-33.20 per kg, down from $34.10-34.80 per kg on June 25 and $34.50-35.20 per kg on June 20. Molybdic oxide prices dropped to $13.50-13.70 per lb, compared with $13.70-14.10 per lb on June 25 and $14.30-14.50 per lb on June 20.

Click here to read the full Metal Bulletin report.

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