Molybdenum: Market outlook to 2014, 10th edition 2010

Between August 2008 and March 2009, molybdenum prices, responding to the global economic downturn, fell from US$34/lbMo to US$8/lbMo. This followed a four-year period when supply limitations and growing demand, principally from low alloy and stainless steels, sustained an average price of US$30/lb.

Stockpiling of imported roasted concentrates by Chinese traders and consumers resulted in prices rallying for a while in mid 2009. Through 2010 and 2011, market volatility is likely to continue but thereafter consumer demand for molybdenum in steel for process and power plant, as well as in oil and gas projects, will keep the market tight.

The availability of project finance will remain a problem for potential new producers outside China. The consequent under-investment in molybdenum projects in 2009 and 2010 will have consequences for supply as far ahead as 2015.What the report gives you

• Independent, in-depth research and analysis
• Essential market intelligence for successful business planning
• Detailed survey of production and processing
• Up-to-date profiles of the activities of producing and processing companies
• Forecasts for end-use consumption and world supply and demand