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market news

Spot moly prices rise in northeast Asia on European buying spree

Investing News Network
Dec. 23, 2010 02:14PM PST
Industrial Metals Investing

Platts.com reports that spot prices for Moly have risen in Asia.

Platts.com reports that spot prices for Moly have risen in Asia.

The story is quoted as saying:

A government in Asia is said to have purchased around 500 mt of moly oxide this month, decreasing spot availability and thereby hitting European consumers and traders who rely more on spot supply, some sources estimated

To access the full story, click here.

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