Tag Archive | "ferrobdenum"

Sign of the times, molybdenum ETF liquidates

Tuesday, January 13, 2009

In April 2007, when the Sprott molybdenum fund was created, the minor metal was on a fast track. When the fund was created the metal was trading consistently at US $25 per lb; after the ETF was up and running moly cruised to US $ 40 per lb.

China halts molybdenum spot trading

Tuesday, January 6, 2009

The first week of 2009 was a sleepy one for molybdenum with thin trading volume as many customers remained on holidays. Activity in China was by far the slowest, with Chinese molybdenum oxide and ferromolybdenum producers halting spot molybdenum offers to overseas customers.

Moly Price Chart
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