Molybdenum Weak Demand Likely to Continue into the Summer Period
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- Category: Molybdenum's News
- Published on 18 July 2013
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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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