Molybdenum oxides's steady price decline continues

摘要

Molybdenum oxide prices continued to drift lower in Europe Wednesday, with oxide powder sales concluded at $11.30/lb for nearby delivery and slightly lower for October, market sources said. “There's so little business to be done, you have to be aggressive to book it,” said one European trader. A buyer in Europe confirmed paying $11.30/lb Tuesday for a 20 mt prompt lot of oxide powder, in-warehouse Rotterdam, while an inter-trade sale was concluded at $11.25/lb, also basis Rotterdam, for mid-October.