Moly Prices Set To Be Firm
Prices are set to follow an upward trend in 2010. Prices for oxide are forecast to average US$ 17/lbMo, rising to above US$ 20/lbMo in 2011, as strong demand willl ensure producers follow suit and hike prices.
Prices are set to follow an upward trend in 2010. Prices for oxide are forecast to average US$ 17/lbMo, rising to above US$ 20/lbMo in 2011, as strong demand willl ensure producers follow suit and hike prices.
The biggest news on the molybdenum market this week comes by the way of expansions, discoveries, and new constructions in the industry. This news is good news, as the market has plenty of room for more players.
Get our independent commentary on moly trends and companies delivered to your inbox.