Moly oxide prices edge higher in slow business

摘要

Spot prices in the molybdenummarket edged up Monday as sentiment stayedfirm despite the proximity to the traditionallyslow Christmas/New Year holiday season.In Asia, spot prices were heard in awide range on thin trade. One Chinesetrader offered oxide powder at $6.75/lbex-warehouse Busan, while a South Koreantrader said indications, not firm offers, wereat $6.65-$6.70/lb, basis unknown.