[Ferro-Alloys.com]Molybdenum oxide prices were unchanged Wednesday as market participants continued to keep hold of stocks in anticipation of demand from consumers at higher prices.
[www.ferro-alloys.com] Molybdenum oxide prices moved lower again Monday in generally slow trade, with spot business reported booked in Europe around the $7.50/lb level.
[Ferro-Alloys.com]Overseas moly oxide transacted at USD4.8/lbMo. But the entire demand was not much, and price rise was prompted by restocking of traders.
[Ferro-Alloys.com]Overseas moly oxide transacted at USD4.8-4.9/lbMo, global crude oil and steel price dropped, pulling down upstream metal and alloy price.
[Ferro-Alloys.com]Overseas moly oxide transacted at USD5.7/lbMo, as consumers purchased required volumes. Bulk commodity price dropped amid sluggish economy in Europe.