European Moly-Metal Prices Increase Slightly
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- Category: Molybdenum's News
- Published on 29 July 2014
- Written by Elva
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European moly-metal prices have increase by around USD0.50-1.00kg over the past three weeks to range between USD34.50-35.50kg in warehouse Rotterdam on Thursday.
Sources explained that the improving sentiment in the downstream molybdenum markets in China this month, fuelled by rumours of a large volume molybdenum oxide 57%min purchase by the Chinese SRB in the near term, has led to a stronger moly-metal export price. Although the European moly-metal spot market has been quiet through much of July.
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