molybdenum oxide prices maintain range, market awaits direction

摘要

London—Molybdenum oxide prices were holding broadly rangebound Thursday, with mixed views on the market’s likely direction. "I get the feeling that sentiment was a bit friendlier towards moly yesterday than today, but that may be due to the absence of some of the players in Asia," said a European trader. Thursday was a public holiday in South Korea. Some market participants suggested that potential labor disputes in South America could provide impetus for further price gains.