CIBC has revised its Molybdenum Forecast

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Tue, Jul 28, 2009
Moly Market News, Uncategorized
Post by Melissa Pistilli, Moly Senior Reporter

CIBC has revised its molybdenum forecast to reflect higher prices going forward. The 2009 forecast was raised 10% to $11 per pound, the 2010 forecast was raised 33% to $16 per pound, and the long-term forecast was raised about 17% to $14 per pound.

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