Indian Molybdenum Dealers Cautiously Optimistic
- Details
- Category: Molybdenum's News
- Published on 10 January 2014
- Written by Elva
- Hits: 624
Indian molybdenum dealers are reported to be taking cautious approach to new imports, for with no signs of improved demand for ferromolybdenum from end-users, toll-traders and converters worry less about uncertainty in Rupee exchange market but
more on unpredictable molyoxide price trend in international market with quotations now in the range of USD9.80-10.00lb CIF Nhava Sheva. As Western suppliers are yet to release details of their annual roasting capacity tied to long-term contracts, so the market is still to be clam.
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