"The molybdenum price has recovered strongly from the rapid deterioration in demand caused by the Global Financial Crisis of 2008/9. There is evidence of carbon and stainless steel producers restocking and producer inventories now being exhausted. With market confidence now restored and molybdenum markets set to benefit from increased transparency after the LME established a trading contract for the metal, most analysts are bullish on the molybdenum price in the medium term."
E.
MOL Price at posting:
$1.46 Sentiment: Buy Disclosure: Held
