Molybdenum Weak Demand Likely to Continue into the Summer Period

Molybdenum traders said customers have been buying in small quantities as many buyers have adequate stocks to meet immediate needs.

"Buying in smaller quantities is still happening, but I am not seeing a real push in demand that is needed to lift prices. It is mainly hand-to-mouth buying," a Europe-based molybdenum trader said.

Molybdenum traders said prices could fall further as industrial activity in Europe slows during the summer.
 

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