Molybdenum prices up as buyers return

摘要

Molybdenum prices moved upWednesday after prices stabilized the previousday and buyers were keen to secure stock.Sale prices in Busan crept up through theday from $6.35/lb to $6.45/lb for multiple lots.Rotterdam had oxide powder deals reportedat $6.40/lb and briquettes at $6.55/lb in themorning before oxide powder moved to $6.50/lb and $6.55/lb in the afternoon. A 40 mt salewas also reported in the US at $6.40/lb.