China Reports Increased Moly Concentrate Output for July

Metal Bulletin reported that according to China’s National Bureau of Statistics, the country’s July molybdenum concentrate output was 6.4 percent higher than it was in the year-ago period.

As quoted in the market news:

Output of 45% content molybdenum concentrate was 25,974.26 tonnes, down 6.3% month-on-month. Among main molybdenum concentrate production hubs, Henan and Shaanxi provinces recorded double-digit growths in output. Henan saw an output of 9,818.65 tonnes in July, up 16.9% year-on-year.

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