Mongolian metspar prices under pressure from currency rates
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...