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Moly Prices Still Falling

June 20, 2016 | MetalBulletin (subscription) reported that prices for ferro-molybdenum and molbdic oxide prices are still on the downtrend.

As quoted in the publication:
Although overall activity was muted, at least some material changed hands, pushing European 65% ferro-molybdenum prices down to $18.35-19.10 per kg, from $18.70-19.30 previously, and drummed oxide prices down to $7.70-8  … Read More

Gold Jumps Above $1,300

June 16, 2016 | Gold prices briefly jumped above $1,300 per ounce on Tuesday, Reuters reported.

As quoted in the publication:
Gold futures for August delivery briefly traded at $1,300 an ounce, the highest since it hit $1,303.90 on May 3, and last traded up $6.90 at $1,295.20 an ounce. Spot gold hit $1,291.91, up 0.54  … Read More

Phosphate Demand to Rise Globally in 2016

June 1, 2016 | Phosphate demand is expected to rise in 2016, Agrimoney reported.

As quoted in the publication:
PhosAgro chief executive Andrey Guryev forecast phosphate demand to increase through 2016, with more demand for complex fertilizer products.

“The recent recovery in grain and oil-seed prices will provide fundamental support for a fertilizer price recovery,” said Mr Guryev.

“Overall,  … Read More