Molybdenum Market Watching Chinese Imports
- Details
- Category: Molybdenum's News
- Published on 22 July 2013
- Hits: 392
It is reported that molybdenum market participants are closely watching how import demand from China will impact global spot molybdenum prices.
Platts has not confirmed any deals, firm bids or offers for imports into China Friday. One China-based trader, however, reported hearing talks of deals done at $9.05/lb CIF for August delivery, and latest offers were at $9.00/lb CIF China.
A Chinese producer source commented he was not surprised to see offers at $9/lb CIF. He however, warned: ‘Now those wanting to import are assuming prices will hold at $9/lb, but if it continues to drop, these potential buyers may shun [the market] again.’
More molybdenum product: http://www.molybdenum.com.cn
Tel: 0592-5129696 Fax：0592-5129797
E-mail:
This email address is being protected from spambots. You need JavaScript enabled to view it.
Tungsten Picture Center: http://picture.chinatungsten.com
Tungsten Video Center: http://v.chinatungsten.com
Tungsten News & Tungsten Prices, 3G Version: http://3g.chinatungsten.com
sales@chinatungsten.com