Tag Archive | "junior molybdenum miners"

Low Inventories have molybdenum poised to recover

Monday, July 27, 2009

Ferro-molybdenum and molybdic oxide continued their rally this past week, as frightening low stockpiles have traders worried that if the purchases accelerate, there simply won’t be enough moly to go around.

Molybdenum gets a boost

Wednesday, June 24, 2009

Demand from Asian markets has boosted molybdenum over the past weeks, in spite of lagging North American demand. The strategic metal is currently trading in the range of $10.60 to $10.80 a pound, up from $10 to $10.50 a pound less than two weeks ago.

Moly Price Chart
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