Platts reported that the latest data from the General Administration of Customs of China shows that October imports of molybdenum ores and concentrates dropped sharply 73.6 percent year-to-date to 377 mt.
As quoted in the market report:
In January-October, imports of molybdenum ores and concentrates totaled 8,121 mt, down 38.3% from a year ago, while total moly ores and concentrates exports amounted to 10,412 mt, down 36.9% from last year.
Get the top stories on resource investing FREE!Learn what is going on before you buy from this FREE Special Report, Who is Kitco? to US Mint: Sold Out! – Top Articles from Resource Investing News.