Molybdenum oxide losesupward price momentum

摘要

The modest recovery inmolybdenum oxide prices seen over thepast few days appeared to have run outof steam Wednesday, although sourcescontinued to hold a variety of views on theprospects for the market.Overnight trade in Asia saw activitypick up, with a couple of containers ofoxide powder sold at $4.45/lb in Busan,but offer levels moved down to around$4.50/lb from the previous day’s $4.60-$4.70/lb.