Tag Archive | "ferromolybdenum"

Moly Producers Ring In Good Times

Wednesday, February 10, 2010

A draft proposal by the Chinese government that lays down the thresholds for access to the molybdenum industry is set to cheer moly producers.

Big Time Rebound Set For Moly

Sunday, January 24, 2010

There is a `little storm brewing' in moly. In the third week of January, traders came in and bought up a lot of material, which caused some supply tightness. Now traders are in a position to push prices higher, state analysts.

Molybdenum continues downward trend

Monday, April 6, 2009

Despite the recent optimism across the metals sector, molybdenum prices are continuing on a downward trend. Last week, sluggish demand and high stockpiles caused European ferromolybdenum prices to drop below US $21 per kg. US market prices also slid.

Moly companies to face a second quarter pinch

Monday, March 30, 2009

Chinese imports of molybdenum concentrate and molybdenum oxide nearly doubled from January to February as overseas sellers stepped up competition with Chinese producers. This did little, although, to correct prices.

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.

Molybdenum puts on the brakes

Monday, November 17, 2008

After moly held its position over months of poor market sentiment, the metal has been hit hard. Just over a few weeks, the market price of molybdenum oxide has fallen by a whopping 30%.

Hedge funds to benefit from LME moly contracts in 2009

Monday, October 27, 2008

Molybdenum has been a strong performer in 2008; in fact it is just recently that the metal experienced a little downside. The dip in prices could be attributed to the negative market sentiment, as moly’s fundamentals are still strong.

Market turmoil makes its mark on moly

Friday, October 17, 2008

The market volatility over the past two weeks has finally it moly. The alloying metal has held its own for months, while most of the other metals declined rapidly as news about the downturn in the economy permeated the markets.

Moly finally hit by market fluctuations

Sunday, September 28, 2008

Molybdenum exploration has been on a fast track this year, as a shortage in supply and an increase in demand have pushed prices of the alloying metal up and up. Until recently, moly has held stable despite all the challenges on Wall Street.

Moly Price Chart
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