Moly Prices Pause On China Conundrum

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Tue, Dec 22, 2009

China is set to cut export duties for unwrought molybdenum and molybdenum powder to 5% next year, from 15% and 10% respectively, this year. How will this affect moly prices?

Moly spot prices are well of their August peak, but with China looking to re-enter the market as a buyer, there are good times in store ahead in the new year.

To read full article, click onto Moly Investing News.

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