China's SRB Buys 2,000 Tonnes of Molybdenum Oxide
China¡¯s State Reserve Bureau (SRB) bought 2,000 tonnes of molybdenum oxide from major market participants on Wednesday November 18, according to market sources.
The SRB conducted the purchase to fully carry out its plan to stockpile 7,300 tonnes of molybdenum oxide. It only managed to obtain 5,300 tonnes through its purchase on Wednesday October 28. The price this time was settled at 791 yuan ($123.88) per mtu, lower than the 805 yuan per mtu.
Molybdenum Manufacturer & Supplier: Chinatungsten Online - http://www.molybdenum.com.cn
Tel.: 86 592 5129696; Fax: 86 592 5129797
Email: [email protected]
Tungsten & Molybdenum Information Bank: http://i.chinatungsten.com
Tungsten News & Tungsten Prices, 3G Version: http://3g.chinatungsten.com
Molybdenum News & Molybdenum Price: http://news.molybdenum.com.cn
If you need any more details of the above news and/or products, please visit Chinatungsten Online, or contact us directly.
Disclaimer: The article is only reflecting the opinions of the author. We have no responsibility to prove the originality and authenticity of the content, words and/or pictures. You readers should just take it as reference and check the details by yourselves. And the content is not a suggestion for investment decision. The investor takes his or her own risks if he or she operates accordingly. If you have any dissent about the contents above, please contact the relevant author, or the webmaster. We will try our best to assist the dealing of the related issues. Thanks for your visit and cooperation. |
