Molybdenum spot prices edge lower in a subdued market

摘要

Molybdenum prices started the weekMonday on a lower note as offers fell below$12/lb and buyers remained absent.A mill in Central Europe was heard to havebought oxide powder at $12/lb DDP while offersin trade were at $11.90/lb in Rotterdam. Marketparticipants said the lack of buying interestwas pushing down prices but there were nodesperate sellers.