Molybdenum Oxide Price Climbs On Tight Availability In Europe
- Details
- Category: Molybdenum's News
- Published on 27 November 2015
- Written by yiping
- Hits: 207
In August, Molybdenum oxide prices climbed higher as offers in Rotterdam for prompt oxide powder dried up, forcing buyers to accept a jump.
In Asia, sources said they were waiting for the European trading day to start before deciding offer levels as they heard higher prices overnight.
"It's hard to decide whether to buy or sell, so will wait and monitor the market a while," a Chinese trader said.
Two sales to traders were reported in Busan at $6.05/lb for 20 mt of oxide powder each.
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