Molybdenum oxide spot price holds stable above 14 dollars/lb

摘要

Molybdenum oxide prices looked to be stabilizing at and just above the 14 dollars/lb level Monday, with some sellers withholding cargoes in expectation of price rises. “It's up a touch,” said one European buyer, who paid 14 dollars/lb in-warehouse Rotterdam for oxide powder. “But there's no expectation that prices will go back up towards 15 dollars/lb again.”