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Platts reported that weak molybdenum trade stemmed hopes that prices would recover.
Platts reported that weak molybdenum trade stemmed hopes that prices would recover.
As quoted in the market news:
Spot moly oxide prices have been falling for 11 weeks in a row. Platts daily moly oxide dealer prices stood at $12.90-13/lb Tuesday, down from $14.20-14.30/lb on April 12.