New molybdenum price forecasts from producers are looking for $11/lb average price for 2009, dip from $29 in 2008, but up from the first-half average of $9. For full story, click here
Continue reading "Molybdenum price average of $11 seen for 2009"
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.
Continue reading "Molybdenum continues downward trend"
Friday, April 3, 2009
Chinese imports of molybdenum concentrate and molybdenum oxide is reported to have doubled from January to February as overseas sellers stepped up competition with Chinese producers. For full story, click here
Continue reading "Molybdenum Companies to face a second quarter pinch"
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Thursday, June 18, 2009