China’s SRB buys 7,000t of molybdic oxide

China’s State Reserves Bureau (SRB) bought 7,000 tonnes of molybdic oxide from major market participants on Thursday July 23, three market sources told Metal Bulletin.

This was SRB’s third round of molybdic oxide purchases since June last year. It bought 5,000 tonnes in June 2014 and 3,000 tonnes in April 2015.



Kiki Kang

July 23, 2015

11:32 GMT