Moly prices continue fallreach April 2009 lows

摘要

Molybdenum oxide reacheda 70-month low Friday, marking the end ofa slow week dominated by negative sentimentand keen sellers.Sales of oxide powder were reported inthe US, Rotterdam and Busan at $8.40/lb.The Platts daily dealer oxide assessmentfell to $8.40-8.45/lb from $8.50-8.70/lb, while the daily European ferromolybdenumassessment slipped further to$21.20-21.40/kg from $21.30-21.60/kg.