Moly oxide prices under pressure, head toward 11 dollars/lb

摘要

Molybdenum oxide prices remained under pressure again Friday, with the European market once again attracting the most aggressive offers. A prompt truckload sale of oxide powder in bags was confirmed at 11.00 dollars/lb FCA plant Friday-well down from price indications the previous day. A European trader was unaware of business booked that low, but said he had seen offers at 11.20 dollars/lb.