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Platts reported that molybdenum oxide trading was slow as the gap between bids and offers widened.
Platts reported that molybdenum oxide trading was slow as the gap between bids and offers widened.
As quoted in the market news:
One Japanese trader said one Chinese trader has reduced offer to $13.95/lb CIF Japan and a Korean trader said he was offering $13.90/lb CIF Busan, but buyers were yet uninterested. Two Korean traders said their bids were $13.60-13.80/lb CIF Busan.