China’s SRB Plans To Buy 5,000 Tonnes Of Molybdenum Oxide
China’s State Reserve Bureau (SRB) is planning to buy another 5,000 tonnes of molybdenum oxide from major market participants, according to market sources.
It will be the fourth time that the SRB has stockpiled molybdenum oxide this year. It bought 3,000 tonnes in April, 7,000 tonnes in July and 5,300 tonnes in October.
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