Chinese Moly Traders to Resume Oxide Offers by May

Platts reported that molybdenum oxide traders in China may commence offers again by May.

The market news is quoted as saying:

Chinese moly traders whom Platts contacted this week reported a total of 60 mt done deals for Western oxide at $17.10/lb both in-warehouse Rotterdam, and CIF Japan basis. Last week, the same traders reported no deals, with price offers at around $17.20/lb, in-warehouse Rotterdam.

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