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Overseas Moly Oxide Price Edged Down amid Soft Demand

Wednesday, August 13, 2014
Source:ferro-alloys.com

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Keywords:FeMo ferromoly moly concentrates moly oxide

[Fellow][Ferro-Alloys.com]Overseas moly oxide transacted at USD-/lbMo.

[Ferro-Alloys.com]Overseas moly oxide transacted at USD12.9-13/lbMo. During the summer vacations, the operation rate of steel mills was comparatively low, as consumers with enough inventories were unwilling to purchase raw materials, so the entire deals were slim.

A Shaanxi moly oxide exporter offered USD13/lbMo for moly oxide, but transaction volumes were ordinary. Moly oxide price is expected to linger at the low level in absence of demand, and might recover till late August.

[Editor:Mango]

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