Moly oxide range tightens, prices up on trader return

摘要

Molybdenum oxide prices have showed a tighter range over the week, with more activity, and higher prices, reported at the tail end. On Thursday Platts assessed weekly dealer molybdenum oxide at $10.80-11.00/lb, narrowed from $10.85-11.20/lb. “I haven't done anything all week, and then it all picked up after [5 pm London time] on Wednesday and I bought 40 mt of oxide powder at $11/ lb,” a trader said, “Today you can't get that number - I've been told $11.15/ lb now.”