Singapore (Platts)--23Nov2012/236 am EST/736 GMT

China's October imports of molybdenum ores and concentrates plunged 73.6% on year to 377 mt, the latest figures from the General Administration of Customs of China showed Friday.

Of the total imported, 307 mt consisted of roasted moly ores and concentrates, and 70 mt were those other than roasted.

China also exported a total 692 mt of moly ores and concentrates in October, down 25.4% year on year. All were roasted ores.

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There were no non-roasted ores exported for the month.

In January-October, imports of molybdenum ores and concentrates totaled 8,121 mt, down 38.3% from a year ago, while total moly ores and concentrates exports amounted to 10,412 mt, down 36.9% from last year.

Meanwhile, China recorded no imports of ferromolybdenum in October.

Imports stood at 10,000 kg in the same month last year, and at 20,001 kg in September 2012.

Ferromoly exports in October reached 20,000 kg. There were no exports of ferromoly recorded for the same month last year. Exports in the previous month of September was 14,000 kg.

Imports of ferromoly in the first 10 months of 2012 totaled 188,346 kg, down 27.6% year on year, while exports stood at 216,000 kg, down 15.2% from 2011.

--Yuencheng Mok, yuencheng_mok@platts.com --Edited by Martin O'Rourke, martin_orourke@platts.com

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