LME’s Cobalt, Moly Struggling, but Success Likely

ForexPros wrote that the London Metals Exchange is experiencing low volumes of cobalt and molybdenum.

The editorial is quoted as saying:

The London Metal Exchange’s minor metals futures made their debut on Feb. 22 last year. Expectations are they will fare better than the plastics contracts, which the LME launched in 2005 and scrapped last year for failing to attract enough trading activity.

To read the full editorial, click here.