Copying and distributing are prohibited without permission of the publisher

Moly slides faster as liquidating traders panic

June 27, 2014 - 14:53 GMT Location: London

KEYWORDS: ferro-alloys , steel-making raw materials

Molybdenum prices kept falling on Friday June 27 as “panicking” traders liquidated stocks.

Ferro-molybdenum prices fell to $32.60-33.20 per kg, down from $34.10-34.80 per kg on June 25 and $34.50-35.20 per kg on June 20.   Molybdic oxide prices dropped to $13.50-13.70 per lb, compared with $13.70-14.10 per lb on June 25 and $14.30-14.50 per lb on June 20.  "It looks like some traders have panicked before summer. No producers...

All material subject to strictly enforced copyright laws. © Euromoney Institutional Investor PLC.

subscribe to this feed Comment & analysis

Upcoming Events

MB Glossary

From Aluminium to Zinc...
Search this free glossary on metals

Try the new Metal Bulletin BETA site...

We've added some great new features and tools which we think you'll find useful:

  • Easier to use navigation including links to new sections
  • Cleaner interface for the Price Book with easier to use data views
  • More dedicated pages for specific metals e.g chrome, antimony, nickel
  • Better search tools for news and prices with handy filters

Simply click 'Yes please' below to go straight to the BETA site
(Please note: you will need to log into the BETA site on your first visit. Plus you can return to the original site any time you wish)