Molybdenum overnight view:Prices Look Weaker, Despite Codelco News

Ferro-molybdenum prices appeared to have lost some of their strength late on Thursday September 10, as the market has not reached to news of strikes at Codelco. Contact worker have blocked access roads at Chuquicamata, Gabriela Mistral, Salvador, Andina and E1 Teniente, of which only Gabriela Mistral does not list molybdenum among its products. However, prices in fact looked likely to come down, and molybdic oxide also showed signs of seeing further declines.

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