Moly Prices Pause On China Conundrum

- December 22nd, 2009

  China is set to cut export duties for unwrought molybdenum and molybdenum powder to 5% next year, from 15% and 10% respectively, this year. How will this affect moly prices?   Moly spot prices are well of their August peak, but with China looking to re-enter the market as a buyer, there are good … Continued

 

China is set to cut export duties for unwrought molybdenum and molybdenum powder to 5% next year, from 15% and 10% respectively, this year. How will this affect moly prices?

 

Moly spot prices are well of their August peak, but with China looking to re-enter the market as a buyer, there are good times in store ahead in the new year.

To read full article, click onto Moly Investing News.

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