"In anticipation of that the world supply situation of molybdenum in 2008 will tighten, many cases to shift contract term for molybdenum purchase to yearly base are coming up as a remarkable phenomenon. Particularly, in the USA market where molybdenum purchase is mainly based on spot contract, the case to change contract conditions is being seen and, furthermore, an extent for stable purchase of molybdenum is being enlarged through the movements to shift contract term for molybdenum to yearly base and also to expand a scale of yearly contract. The yearly contract for molybdenum purchase has been so far thought as Japan's speciality but the method to purchase molybdenum on yearlong base is now enlarging in the market."

More: http://www.texreport.co.jp/xenglish/eng-genryou/200711/200711091136Fri-4.html