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Molybdenum price forecast raised on stronger fundamentals

Limited output versus stronger demand a positive for prices

Jacqueline Holman
Looking good: molybdenum prices are on the rise

Looking good: molybdenum prices are on the rise

The bank increased its forecast for the metal to US$10.75 per pound for 2018 and $9.50/lb for 2019 before reaching a long-term equilibrium of $7.50/lb. Spot molybdenum oxide quotes are currently around...

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