Molybdenum Pricing and Risk Management
The London Metals Exchange is launching cobalt and molybdenum futures contracts in 2009. The LME has orgainized a conference to discuss the markets and how the LME can be used to mitigate price risk management.
Articles Tagged "LME"
Moly’s price plummet
Molybdenum has gone from an obscure metal, to a high performer garnering the attention of the LME, and then back to an undervalued alloying metal. Once an overlooked player in the investment arena, interest in moly picked up when worldwide spending on infrastructure took off, sending the metal’s price to new heights.
Market turmoil makes its mark on moly
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 steady as market experiences a wild ride
The past week was arguably the most volatile in market history, however, molybdenum managed to continue its recent trend of holding steadfast despite the market’s hiccups. This was a week that saw stocks and commodities across the board plummet.
LME will trade Molybdenum
The London Metal Exchange will start trading molybdenum futures next year. A person with knowledge of the matter said: The contracts will begin in the second half. For full story, click here
Molybdenum’s market value catches London Exchange’s eye
The London Metal Exchange will add molybdenum to its arsenal in the second half of 2009. The move was announced on Sept 4th, when the LME board voted in favour of adding both molybdenum and cobalt to its futures trading. The move was met with mixed reviews.
London Metal Exchange to consider molybdenum and cobalt futures
As prices surge for the raw materials used in iPods, laptops and steel products, Bloomberg reported that London Metal Exchange may decide next week to begin trade in cobalt and molybdenum futures. Mr Evans was quoted as saying: We have seen a lot of interest from industry participants, from miners through to consumers and traders. [...]
