Molybdenum Prices expected to double in 2010

Jul. 22, 2009 09:23AM PST

Molybdenum prices have averaged slightly more than $9/lb so far this year but an analysis by J.P. Morgan Securities warns “expect moly prices to close in on $15/lb over the next several months and to average $18/lb in 2010.
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Molybdenum prices have averaged slightly more than $9/lb so far this year but an analysis by J.P. Morgan Securities warns “expect moly prices to close in on $15/lb over the next several months and to average $18/lb in 2010.

For full story, click here

j.p. morgan