Molybdenum oxide pricesclosed the week at another new low asprompt sales were booked at $5.20/lb,basis in-warehouse Rotterdam.The Platts daily dealer oxide assessmentfell to $5.20-$5.35/lb Friday from$5.30-$5.50/lb Thursday.“It’s heading toward $5/lb, which willbe a psychological support level,” one producersource said, though he added thateven at that level market players lookingto shift units may be unlikely to hold back.
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