Chinese Moly Traders to Resume Oxide Offers by May
Apr. 29, 2011 02:33PM PST
Molybdenum InvestingPlatts reported that molybdenum oxide traders in China may commence offers again 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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