Mongolian metspar prices under pressure from currency rates

By IM prices reporter
Published: Tuesday, 18 January 2011

Appreciation of China’s RMB against the dollar continues to impact exporters

Prices of metallurgical grade fluorspar (metspar) produced in Mongolia are coming under pressure from higher production costs and the appreciation of the Chinese yuan against the US dollar, Tianjin Steyuan Minerals Co. Ltd – a China-based supplier of the mineral – told IM.

China, coming under growing pressure from the...

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