Molybdenum prices in the United States have shot up by a dollar or so in the past week as purchasers and sellers gripe about how difficult it is to get their hands on replacement material. For full story, click here
Continue reading "Moly Prices are still surging in tight market"
Thursday, June 18, 2009
U.S. miner General Moly Inc declared that it has seen the molybdenum market poised for a rebound with a pick up in demand growth and limited new supply sending prices to a peak in 2012. For full story, click here
Continue reading "General Moly is expecting molybdenum market rebound"
Tuesday, June 16, 2009
Thompson Creek Metals of Toronto is planning a 10% molybdenum production and sales boost in 2009 over levels previously announced, thanks to recent improvements in the market. For full story, click here
Continue reading "Thompson Creek Metals declared boost in 2009 output numbers"
Wednesday, June 10, 2009
Thompson Creek Metals Co.’s decision to raise output of molybdenum this year following a recent rebound in prices is unlikely to have much impact on the market. For full story, click here
Continue reading "Thompson Creek Metals has boosted Moly Output"
Monday, June 1, 2009
Molybdenum prices have surged continuously for the last 2 weeks. Dealers’ price of molybdenum oxide has risen to a level of USD 8.80 per lb of Mo as its higher side and approached USD 9.00. The market prices of molybdenum have turned to a basic tone to recover. For full story, click here
Continue reading "Molybdenum prices surging continuously for 2 weeks"
Friday, May 29, 2009
Molybdic oxide and ferro-molybdenum have edged higher on Friday as demand from Asia remained strong and European consumers continued to creep back into the market. For full story, click here
Continue reading "Molybdic Oxide and ferro-moly surged on stronger demand"
Wednesday, May 27, 2009
Molybdenum prices have surged continuously for the last 2 weeks. Dealers’ price of molybdenum oxide has risen to a level of USD 8.80 per lb of Mo as its higher side and approached USD 9.00. The market prices of molybdenum have turned to a basic tone to recover. For full story, click here
Continue reading "Moly prices increasing continuously for 2 weeks"
Monday, May 18, 2009
As a minor metal, molybdenum is prone to rapid price fluctuations; in the past this had generated huge returns on investment. Molybdenum was one of the last metals to feel the effects of the economic downturn, but has failed to match the recovery experienced by many metals since the start of the New Year.
Continue reading "Analysts reduce molybdenum price forecast"
Wednesday, April 29, 2009
Chinese ferro-molybdenum offers declared that it has staged a recovery on the back of higher molybdic oxide import offers and limited supply from both the domestic and overseas markets. For full story, click here
Continue reading "Chinese ferro-moly rebounded on higher moly import offers"
Wednesday, April 15, 2009
Ferro-molybdenum slipped further on Wednesday, with the Easter break compounding an already quiet market. Ferro-molybdenum basis 65-70% fell to $19-21 per kg from $19.50-21.50 previously in slim volumes. For full story, click here
Continue reading "Ferro-Molybdenum dipped further in post-Easter quiet"
For upcoming molybdenum investing trade shows, see the following links: Cambridgehouse, IIC, Chicago Resource Expo
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Tuesday, July 14, 2009