China's moly prices risingBy Nicole LiPublished: Jul 1 2009 9:17PM China's molybdenum prices have risen this week as demand picked up in both the domestic and international markets. The molybdenum concentrate price increased to 1,800-1,820 yuan ($263-266) per mtu from 1,700-1,750 yuan per mtu last week. Offers for molybdenum oxide imports have risen to $11.4-11.5 per lb and may reach $12 per lb in July said market...
MOL Price at posting:
51.5¢ Sentiment: Buy Disclosure: Held
