South Korea Moly Oxide Tender Fails to Attract Market Interest

Platts reported that a tender by Korea Resources to buy 80-100 mT of moly oxide has received no offers.

As quoted in the market news:

Korea Resources is seeking 60 mt of molybdenum oxide powder through a tender that will close Thursday. All 60 mt needs to be from the same producer, and delivery is 90 days after closing of the sale contract, market sources said. Korea Resources was contacted but declined to confirm details.

Click here to read the full Platts report.