Moly slides through $6/lb support level with ease

摘要

As predicted by market sources, molybdenum prices broke the $6/lb support level Wednesday as consumers came into the market with a rush of increasingly aggressive offers. The Platts daily dealer molybdenum oxide assessment range was at $5.80-$6/ lb Wednesday from $6-$6.05/lb. Sales were reported at $5.90/lb in Busan and $5.85/lb DDP central Europe.