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JDCMOLY
1M Lo
Last (CNY)
7.29
-0.27 (3.571%)
Range
7.22 - 7.52
Updated2020/01/23 15:10
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China State Reserve purchases 2,700 tonnes of molybdenum oxide
July 25 (DZH AAFN) -- The State Reserve Bureau of China has purchased 2,700 tonnes of molybdenum oxide and 100 tonnes to 200 tonnes of electrolytic cobalt, the Reuters reported on ...
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China State Reserve purchases 2,700 tonnes of molybdenum oxide
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2014/07/25 10:05
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July 25 (DZH AAFN) -- The State Reserve Bureau of China has purchased 2,700 tonnes of molybdenum oxide and 100 tonnes to 200 tonnes of electrolytic cobalt, the Reuters reported on Thursday, citing a source familiar with the matter.

The State Reserve plans to store 5,000 tonnes of molybdenum oxide this year, the rest of which is expected to be completed before the end of 2014.

It may have difficulty with the storage of 1,000 tonnes of electrolytic cobalt due to vigorous demand and low purchase price.

*The information contained herein is for reference only and investors should refer to it at their own risk.