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

Industrial Metals

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.

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