Molybdenum price forecast strengthens |
Written by Tom Stundza -- Purchasing | |
Thursday, 06 December 2007 | |
"Investment advisers have now joined market analysts in suggesting that molybdenum could rise by as much as 12.5% in 2008. As reported earlier by Purchasing.com, the nonferrous metal’s prices could rise in 2008 to an average $36/lb from $32 this year because of a 5% or higher decline in new-metal supply." |
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