Moly Investing News » CIBC has revised its Molybdenum Forecast

CIBC has revised its Molybdenum Forecast

July 28, 2009 @ 6:03 am In Moly Market News,Uncategorized

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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