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