27 January 2010
From November 2009, in line with the general trend in commodity prices, molybdenum prices have increased, reaching US$15/lbMo by January 2010, an increase of almost 50%. Nevertheless, with demand expected to rebound in 2010, prices could consolidate at current levels.
21 January 2010
The molybdenum dealing for three-month futures at LME is scheduled to commence from February 22nd 2010 but its function will need a certain time to search. Therefore, it has been viewed that, when the parties concerned could have well known about the molybdenum dealing at LME, molybdenum price quoted on LME will exhibit a power to influence on the market from 2011.
21 January 2010
The demand for molybdenum in China is forecasted to put a substantial impact on molybdenum prices in 2010, following the same case in 2009. China has suddenly changed in 2009 from the country to export molybdenum as continued for more than 10 years to that to import molybdenum.
19 January 2010
European stainless steel alloy surcharges for austenitic 304 2mm material will rise by €100-150 in February on the surge in nickel, molybdenum and chromium prices, mills sources say.
31 December 2010
Chilean mining production rose 6.2 percent last month compared with the same month of 2008, the state-run National Statistics Institute, or INE, reported on Wednesday.That result means that Chile’s cumulative mining output for the January-November period was unchanged relative to the first 11 months of 2008, the report said.