from cdn blog, page-12

And another article all pointing to a positive sentiment in the short medium and long term.

http://molyinvestingnews.com/1910-moly-producers-benefit-from-china-again.html

I liked the following extracts

"In a new report, Chinese consumption of the metal is expected to rise 13 per cent this year. Chinese producers of Moly outpaced domestic demand for the metal last year."

and

"The almost frenzied rush to secure molybdenum supply for Chinas steel production seems odd, if they already have a surplus. On one hand, the country may be hedging their bets that demand for steel will rise dramatically in up coming years, insuring that the price of moly will be steadily increasing."