Molybdenum Oxide Prices Drift Lower Amid Thin Buying Interest
Platts reported that weak trading forced moly oxide prices further down.
Articles Tagged "molybdenum prices"
Asian Molybdenum Trade Thin on Anticipated Weaker Prices
Platts reported that moly trading in Asia was slow as traders hold out for weaker prices.
Molybdenum Prices On Their Way Down and Out?
MetalMiner reported on the price and demand outlook for molybdenum.
Molybdenum Price Weak Despite Strong Steel Production
While steel production has remained strong in China and North America, the price of molybdenum has remained weak. China became a net importer of molybdenum in 2010, however, on the year the country is a net exporter of the metal. This trend however may be reversing.
Platts Dealer Moly Oxide Assessed at $14.45-14.55/LB on 60 Mt
Platts reported that the assessed price for Platts dealer moly oxide is down about ten cents.
Molybdenum Q4 Outlook
Keeping track of the steel market is key for investors with an eye on molybdenum.
China to Define Global Price for Molybdenum According to Merchant Research & Consulting, Ltd.
Merchant Research & Consulting released research on the outlook for the global molybdenum market.
Rare Element Resources and General Moly Tap Into Rich Deposits
The Bedford Report released research on Rare Element Resources (AMEX:REE,TSE:REE) and General Moly (AMEX:GMO,TSE:GMO).
Asian Moly Oxide Edges up 0.7% on Demand Pickup, Tighter Supply
Platts reported that increased demand for molybdenum pushed prices up this week.
Molybdenum Prices Trending Downward
The price of molybdenum on the LME is down to its lowest level since July of 2010. Weak demand for stainless steel and the summer slowdown in the production of steel are factors. This could represent a bottom for the price as supporting factors come into play in the coming months.
