- AustraliaNorth AmericaWorld
Investing News NetworkYour trusted source for investing success
Purpose Bitcoin ETF
Silver47 Exploration
Syntheia
Black Swan Graphene
- Lithium Outlook
- Oil and Gas Outlook
- Gold Outlook Report
- Uranium Outlook
- Rare Earths Outlook
- All Outlook Reports
- Top Generative AI Stocks
- Top EV Stocks
- Biggest AI Companies
- Biggest Blockchain Stocks
- Biggest Cryptocurrency-mining Stocks
- Biggest Cybersecurity Companies
- Biggest Robotics Companies
- Biggest Social Media Companies
- Biggest Technology ETFs
- Artificial Intellgience ETFs
- Robotics ETFs
- Canadian Cryptocurrency ETFs
- Artificial Intelligence Outlook
- EV Outlook
- Cleantech Outlook
- Crypto Outlook
- Tech Outlook
- All Market Outlook Reports
- Cannabis Weekly Round-Up
- Top Alzheimer's Treatment Stocks
- Top Biotech Stocks
- Top Plant-based Food Stocks
- Biggest Cannabis Stocks
- Biggest Pharma Stocks
- Longevity Stocks to Watch
- Psychedelics Stocks to Watch
- Top Cobalt Stocks
- Small Biotech ETFs to Watch
- Top Life Science ETFs
- Biggest Pharmaceutical ETFs
- Life Science Outlook
- Biotech Outlook
- Cannabis Outlook
- Pharma Outlook
- Psychedelics Outlook
- All Market Outlook Reports
CPM Group released its 2014 Molybdenum Market Outlook, noting that the year saw the metal rebound after three years of declines.
CPM Group released its 2014 Molybdenum Market Outlook, noting that the year saw the metal rebound after three years of declines. Higher prices were brought “by the underlying strength in demand for molybdenum,” but looking forward through to 2016, a surplus may keep moly prices down.
A press release on the report also states:
In the near term, uncertainties may arise from pending changes to China’s export and resource tax policies. The government has maintained current molybdenum export duties for 2015 until further announcement in May 2015. In the meantime, the government may move ahead with proposed changes in resource taxes as early as the start of 2015. Prices may face short-term headwinds if the market grows concerned about possible outflow of Chinese stockpiles following the potential removal of current export duties. However, if policy changes increase domestic production costs in China, molybdenum prices may receive some fundamental support.
Over the next ten years, molybdenum supply growth will continue to hinge on supplies from copper mines that produce molybdenum as a by-product. The market share of by-product producers averaged 50.9% between 2010 and 2013. Molybdenum byproduct output is projected to increase at a CAGR of 5.6% and contribute more than 70% of new supplies expected to be brought online during the projection period.
Click here to read the full CPM Group press release.
https://www.cpmgroup.com/our-market-views/press-releases/all/cpm-group-releases-molybdenum-market-outlook-2014
Investing News Network websites or approved third-party tools use cookies. Please refer to the cookie policy for collected data, privacy and GDPR compliance. By continuing to browse the site, you agree to our use of cookies.