Molybdenum oxide market trades sideways, buying interest slow

摘要

The molybdenum oxide market remained largely rangebound Tuesday, with buying activity mostly absent. "In terms of prices it's still okay, but in terms of liquidity it's a disaster," a European trader said, adding, "We saw a bit more activity Tuesday/Wednesday last week. This week has been very quiet." In Asia, oxide powder offers were indicated in a range of $11.80-$11.85/lb in Busan, with no confirmed deals reported.