Moly Prices Up on Spot Activity

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.

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