China’s SRB will buy 5,000 tonnes of moly oxide

China’s State Reserve Bureau (SRB) will stockpile 5,000 tonnes of molybdenum oxide in the next four months, market sources have told Metal Bulletin.

The first batch of the purchase will comprise 2,700 tonnes for around 1,459 yuan ($236) per mtu bought from three of the four companies chosen by the SRB for the...

Published

Linda Lin

July 17, 2014

09:20 GMT

Shanghai