Moly Investing News » Japanese Moly Purchasers Trying to Destock

Japanese Moly Purchasers Trying to Destock

January 19, 2012 @ 3:43 pm In Moly Market News

Platts reported that some molybdenum buyers in Japan are reducing their inventories.

As quoted in the market news:

Japanese steelmakers are expected to step up buying April deliverables all together, possibly tightening spot supply in March-April, said a third trader.

Click here to read the full Platts report. ^[1]

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[1] Click here to read the full Platts report.: http://www.platts.com/RSSFeedDetailedNews/RSSFeed/Metals/7066236