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0.00% 6.9¢ moly mines limited

U.S. molybdenum prices are continuing to rise as consumer demand...

  1. KGD
    236 Posts.
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    06/01/10
    13:29
    Post #: 6167584
    U.S. molybdenum prices are continuing to rise as consumer demand increases and traders angle for higher prices.

    Market participants put spot prices for molybdic oxide in a range of $12.75 to $13 per pound, up from $11.25 to $11.50 two weeks ago, while ferromolybdenum prices are between $14.75 and $15.25 per pound, up from $13 to $13.50 in mid-December.
    MOL Price at posting: 91.0¢ Sentiment: Buy Disclosure: Held
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    lightbulb Created with Sketch.  Great analysis
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