[Ferro-Alloys.com]Affected by Chilean earthquake, overseas moly oxide price rose to USD5.8/lbMo. Chilean earthquake didn’t really influence moly output, but local ports might be affected.

[Ferro-Alloys.com]Overseas moly oxide transacted at USD5.6/lbMo. After summer vacations ended, European and American steel industry was underperformed, so buyers had no extra spot demand.

[Ferro-Alloys.com]Overseas moly oxide price edged down to USD5.95/lbMo, as European demand was underperformed after vacations ending.

[Ferro-Alloys.com]Overseas moly oxide price rose to USD5.9-6/lbMo. European consumers restocked materials after the summer vacations ended, the market trended uptick.

[Ferro-Alloys.com]Overseas moly oxide transacted at USD5.7/lbMo, as European economy didn’t recover.

[Ferro-Alloys.com]Though The State Bureau of Material Reserve speeded up its pace saving molybdenum oxide, China’s molybdenum market remained sluggish since oversea molybdenum oxide price continued its drop.

[Ferro-Alloys.com]In summer, overseas moly suppliers quitted the market for holidays. Low operation rate of steel mills degraded the demand for raw materials, so the entire transaction of moly was limited.

[Ferro-Alloys.com]Overseas moly oxide transacted at USD9.3/lbMo. Approaching the summer vacations, customers quitted the market for holidays.