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market news

China-Europe Moly Trade Thinner as Traders Wait and See After Quake

Investing News Network
Mar. 18, 2011 03:55PM PST
Industrial Metals Investing

Platts reported that traders in China have suspended offers on molybdenum in lieu of the Japan earthquake.

Platts reported that traders in China have suspended offers on molybdenum in lieu of the Japan earthquake.

The market news is quoted as saying:

Last week, Chinese moly traders whom Platts contacted reported 100 mt of moly oxide deals with Europe, but this week, the aggregate volume fell to just 20 mt.

To read the full market news, click here.

market news china europe
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