Molybdenum price in Europe hits record high

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Molybdenum price in Europe hits record high
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'There is zero availability on the ground and some people actually flew some material from China.' mining

The copper market took a breather on Wednesday after eight straight days of gains, but not before touching a fresh six month high of $4.39 a pound in early trade, bringing its gains YTD to 12%.

“There is zero availability on the ground and some people actually flew some material from China,” a trader in Europe told Argus.

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