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.

To view the whole Platts report, click here.