Moly – A brief overview of molybdenum price developments, supply and demand and significant market movers.
Articles Tagged "moly price"
Moly – China’s increase in the resource tax on molybdenum, equivalent to a 4-fold gain per ton is in full effect. The increase, aimed at conserving the country’s resources and curbing pollution could create a need for more imports of moly.
A brief overview of molybdenum price developments, supply and demand, and significant market movers.
Moly – Platts reported that its weekly dealer price for molybdenum oxide was down slightly over the previous week.
Moly – 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.
Moly – The volatility of world markets over the last week has some commodites on a downward trend. Molybdenum, however, is bucking the trend with some impressive gains over the last week.
Moly – Virgin Metals Inc. (CVE:VGM) reports the appointment of Mr. Federico Alvarez Ing. M Eng. as Vice President, Project Development operating in Hermosillo, Mexico.
Moly – Platts.com reports that spot prices for Moly have risen in Asia.
Molybdenum is set to trade on the London Metal Exchange from February 22, but the world’s No 2 producer Chile’s Codelco has decided to stay away. Why does the miner want to go it alone? Are shaky copper prices to blame? Contracts for minor metal molybdenum are to start trading on the London [...]
China is set to cut export duties for unwrought molybdenum and molybdenum powder to 5% next year, from 15% and 10% respectively, this year. How will this affect moly prices? Moly spot prices are well of their August peak, but with China looking to re-enter the market as a buyer, there are good [...]