Molybdenum oxide prices move up as strike looms at Codelco mine

摘要

London—Molybdenum oxide prices edged higher again Thursday, primarily on the back of Asian business, as sentiment was boosted by news of another strike in Chile potentially affecting output. The market was "pretty hot yesterday and today in Asia," an Asian trader said, citing deals for oxide powder at $12.35/lb and $12.40/ lb and offers at $12.45/lb and above.