Molybdenum oxide buying interest picks up; Asian prices higher

摘要

Buying in the molybdenum oxidemarket picked up slightly Tuesday, withAsian prices continuing to command a slightpremium over sales in Europe.The Platts daily dealer molybdenum oxideassessment rose to $11.85-$12.00/lb from$11.85-$11.95/lb previously, while the dailyEuropean ferromolybdenum assessment rangenarrowed to $28.80-$28.90/kg from $28.80-$29.00/kg, with a truckload sale reportedbooked in Rotterdam Monday evening at$28.90/kg.