2. It allows API clients to download millions of rows of historical data, to query our real-time economic calendar, subscribe to updates and receive quotes for currencies, commodities, stocks and bonds. The molybdenum industry faces new challenges in 2020, as the world grapples with the COVID-19 pandemic. Speaking about the future of the market earlier this year, CRU Group Consultant George Heppel said that high prices are needed to encourage primary production from top producer China. Each segment has been further explained with the help of graphs figures. | InForGrowth. Get the latest information about companies associated with Molybdenum Investing Delivered directly to your inbox. Molybdenum market in 2014-2019 Mine production Major manufacturers’ profiles Demand, consumption structure. Ready To Use Molybdenum Products Market size and forecast, 2019-2020. By-product mines were far less affected by that downturn as these mines’ primary focus is the copper market. Market The moly oxide daily global spot price per pound is currently at $7.93/lb compared with $9.20 at yearend 2019 and $11.88 at yearend 2018, according to Platts. Research analysts have also conducted exhaustive interviews with market-relevant questions to collate this research report. Most molybdenum is used in the production of steel products, with part of this consumption linked to oil and gas sector activity, where molybdenum-bearing steels are used in drilling equipment and in oil refineries. LME Molybdenum Please note, the physically-settled LME Molybdenum contract is no longer available to trade, effective from 20:00 London time on 8 March 2019. “We believe that industrial metal prices are coming off their lows,” said Bruce D. Hansen, CEO of General Moly. 2. This is an enterprise license, allowing all employees within your organization access to the product. It has evaluated and elucidated the research and development statuses of these companies, their financial outlooks, and their expansion plans for the forecast period. Global molybdenum production peaked of X tonnes in 2011; however, from 2012 to 2017, it stood at a somewhat lower level. “Until those new projects do come online, however, market deficits are likely in the short term, followed by several years of surpluses as the new supply becomes more than sufficient to meet rising demand,” Roskill forecasts. Speak to our Custom Research Team. We have limited the number of investor kits you can request to 20. It is used in material processing equipment and high-temperature furnaces. “With the strong US economy and developed countries firmly in the late-stage business cycle supportive of metal demand, we believe we have the makings of an industrial metal recovery that is the rising tide to lift all ships and further boost moly.”. ACCESS REPORT. We request your telephone number so we can contact you in the event we have difficulty reaching you via email. The moly price ranged from a low of $7.33/lb to a high of $9.10/lb during the second quarter of 2020. “The trend over the next five years is one of very low supply growth from by-product sources. Detailed report with ten-year forecasts for demand, supply and prices, Access to Roskill specialists for key market queries, Quarterly updates to keep you up to speed on our latest view of the industry, Option to download tables and graphs from the report, A summary PowerPoint of key report findings. Please remember that by requesting an investor kit, you are giving permission for those companies to contact you using whatever contact information you provide. Molybdenum Exports. Looking forward, we estimate it to trade at 18.10 in 12 months time. Molybdenum is a refractory metal typically used in high-temperature applications. Prices. The standard contact has a weight of 6 tonnes. Analysts have studied the key trends defining the trajectory of the market. currency], Global Trisodium Phosphate (TSP) (Cas 7601-54-9) Market Report 2015-2026, Global Permanent Magnetic Pulley Market Report 2015-2026, Global Tripotassium Phosphate (TKP) (Cas 7778-53-2) Market Report 2015-2026, Global Wall-Mounted White Board Market Report 2015-2026, Global Potassium Phosphate (Cas 7778-53-2) Market Report 2015-2026. Publication Date: 31/08/2020 Price: Enquire for price. Enquire about COVID-19 updates for this product. This website uses cookies to ensure you get the best experience. 54 Russell Road, Wimbledon, London, SW19 1QL, United Kingdom, Canada, China, Brazil, Germany,  Japan, New Zealand, Slovakia, South Africa, Spain, .cls-1{fill:#333}icon-twitter .cls-1{fill:#333}icon-linkedin. Get PDF Sample Copy of this Report to understand the structure of the complete report: (Including Full TOC, List of Tables & Figures, Chart) @ https://www.researchmoz.com/enquiry.php?type=S&repid=2804041&source=atm, Global Molybdenum Products Market: Segmentation. Molybdenum prices recovered over the course of 2017, following two successive years of decline. Direct access to our calendar releases and historical data. Molybdenum prices hit two year lows in Q4 2019, a decline that surprised many market watchers. All rights reserved. Competitive Landscape and Molybdenum Products Market Share AnalysisMolybdenum Products market competitive landscape provides details and data information by players. With 2019 just around the corner, investors interested in the, Hansen added that continued strong demand from stainless steel and the, Most molybdenum is used in the production of steel products, with part of this consumption linked to, In terms of supply, analysts estimate around 60 percent of global molybdenum supply comes as a by-product of, Speaking about the future of the market earlier this year, CRU Group Consultant George Heppel said that high prices are needed to encourage primary production from, Start Here! The segmentation has been done on the basis of application, technology, and users. What is the outlook for the steel and stainless steel industry? Don’t forget to follow us @INN_Resource for real-time news updates! Global Automatic Deburring Machine Market Rising Trends, Huge Demand, Business Strategies, High Growth Rate by 2026 | Impacts of COVID19. In terms of supply, analysts estimate around 60 percent of global molybdenum supply comes as a by-product of copper smelting, with most of the remainder coming from primary sources. “However, there have been other significant changes in molybdenum demand over the same period, namely where this molybdenum is being consumed,” Roskill says. Here the Investing News Network looks back at the main trends in the sector and what’s ahead for molybdenum. Molybdenum bearings are used in steel, chemical, and oil and gas industry. The biggest producers of the metal are: China, United States, Chile, Peru and Mexico. In 2019, Roskill estimates that 73% was from by-product sources with only 27% of supply coming from primary molybdenum mines. In the early 2020s, we will need to see primary mines reopened to keep the market balanced.”. Call: +1-631-407-1315 / +91-750-729-1479 Email: sales@themarketreports.com. Global Market Molybdenum-99 Average Price (USD/Curie) of Key Manufacturers in 2019 Figure 20. Similarly, General Moly (NYSEAMERICAN:GMO) says molybdenum has been a consistent standout among metals during 2018. This is an enterprise license, allowing all employees within your organization access to the product.


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