Sino-European Moly Trade Limited on Anticipated Price Rebound

Platts reported that overseas buyers are waiting for moly prices to rebound after recent price corrections limited the Sino-European moly trade recently.

The market news is quoted as saying:

Several key moly traders in mainland China said they have mainly focused on the moly re-export trade as well as in-warehouse Rotterdam trade over the past year and this year on lack of arbitrage oppportunities in the moly import-export business.

To read the full market news, click here.