Molybdenum gets a boost

Print
Thu, Jun 25, 2009

Natural Resource Market News
Post by Melissa Pistilli, Resource Reporter

Moly Investing News reports molybdenum prices boosted over the past weeks due to Asian demand.

The strategic metal is currently trading in the range of $10.60 to $10.80 a pound, up from $10 to $10.50 a pound less than two weeks ago. Spot prices for molybdenum sank as low as $7.50 a pound in April but then began to bounce back, rising to 10.25 a lb in June.

For complete story, click this link.

Follow developments in resource mining and exploration for free.

Sign on to The Resource Stock Watch.

Questions about this article? Leave a comment below or contact our editorial team at editor@resourceinvestingnews.com.

Leave a Comment

What is Resource Investing News' Comment Policy?
Resource Investing News pre-moderates comments on our blog posts and post-moderates comments on news stories. We never censor comments based on political or ideological point of view. We only delete those comments that include the following transgressions:

Are abusive, off-topic, use excessive foul language
Include ad hominem attacks including comments that celebrate the death or illness of any person, public figure or otherwise
Contain racist, sexist, homophobic and other slurs
Are solicitations and/or advertising for personal blogs and websites
Thread spamming (you've posted this same comment elsewhere on the site)
Are posted with the explicit intention of provoking other commenters or the staff at Resource Investing News
Contains content that may infringe the copyright or intellectual property rights of others or other applicable laws or regulations.