Molybdic oxide prices start to dwindle

Jan 25, 2013 | 03:19 PM | Thorsten Schier

Tags  molybdic oxide, ferromolybdenum, ferromolybdenum prices, molybdic oxide prices, Thorsten Schier

NEW YORK — Molybdic oxide prices have started to dwindle as a recent price rise, spurred mainly by restocking from traders anticipating strong demand in the first quarter, has ended and consumption has yet to pick up.

"The trader interest has run its course, and now the absence of demand from steel companies eats away at the price gains," a producer source said.....

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