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.
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