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    market news

    Moly Prices Up on Spot Activity

    Investing News Network
    Feb. 08, 2011 12:46PM PST
    Industrial Metals

    Platts reported that molybdenum oxide prices were up due to spot activity and the lack of Chinese sellers due to the Chines Lunar New Year holiday. The article states that: Traders said that the premiums on briquettes were largely because of the lack of briquetting capacity and said that the market was largely controlled by […]

    Platts reported that molybdenum oxide prices were up due to spot activity and the lack of Chinese sellers due to the Chines Lunar New Year holiday.

    The article states that:

    Traders said that the premiums on briquettes were largely because of the lack of briquetting capacity and said that the market was largely controlled by producers.

    To see the full article, click here.

    molybdenum oxidemarket news
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