Molybdenum Oxide Prices Stable but Ferromolybdenum Continues to Slip
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- Category: Molybdenum's News
- Published on 21 June 2013
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Molybdenum oxide prices were stable June 11 as sources reported very few inquiries or concluded deals for oxide.
One Europe based trader said that the market was very quiet and he had concluded a deal for around $10.70/lb prompt Busan.
On ferromolybdenum he said: "We started the week at $27[/kg], then it was $26.80[/kg] and now it's downwards. I lost business today at $26.50/kg."
A second Europe based trader said: "Oxide seems to be stable now but there are not so many inquires unless it's for small tonnage only."
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