Moly prices fall as consumers hold out

Jun 06, 2012 | 11:22 AM |

Molybdenum prices slid further on Wednesday June 6 on a lack of consumer demand and as market participants continued to unwind positions.  Material traded at $32-32.50 per kg compared with $32.30-32.60 per kg on June 1 and $32.40-32.80 per kb on May 30.  “Consumers are just....

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