Below is the historical Molybdenum price per metric ton. They are aggregated using multiple sources. Actual prices may vary based on region, supplier, or various other factors. China is still the world's largest consumer of molybdenum metal. The All Futures page lists all open contracts for the commodity you've selected.Intraday futures prices are delayed 10 minutes, per exchange rules, and are listed in CST. China Steel Prices, News and Analysis. Cobalt traded at 32,190 since the beginning of 2021, according to trading on a contract for difference (CFD) that tracks the benchmark market for this commodity. Download historical data for this contract (including daily closing price forward curves, final settlement prices, daily volumes and exchange open interest) here: About Molybdenum; Molybdenum weighs 10.28 gram per cubic centimeter or 10 280 kilogram per cubic meter, i.e. The Exchange shall not accept any liability for any losses that a market participant may incur as a result of trading activity conducted in these circumstances. In 1781, another Swedish scientist was finally able to do so, and that scientist called the new element molybdenum, which was “lead” in Greek. density of molybdenum ore is equal to 1 600 kg/m³. It is the 80 cents per pound cost which makes the savings possible. The company produced 237,000 ounces of gold and 19 million pounds of molybdenum during the quarter. When it is alloyed with nickel, it also forms an alloy that’s highly resistant to both heat and corrosion. As markets emerge and indulge in construction and manufacture of hi-tech products, the demand for this tough metal increases. You’d know what it is if you mine or manufacture this metal or you’re an investor trying to research about the supply and demand for molybdenum. In fact, molybdenite, from which you can get molybdenum, was mistaken for graphite for many years. The displayed metal prices are estimates only. You can also buy and sell stocks in companies that depend on this metal for a significant part of their revenues. Like most other commodities, molybdenum tumbled in the wake of the Great Recession. Your new password must contain eight or more characters and at least one number. Use this form to dynamically generate a table that show metal prices in the units of your choice for the duration specified. But in 1778, a Swedish scientist proved that molybdenite wasn’t graphite at all and that it didn’t contain lead. In certain circumstances, the cash-settled futures Index that is used as the Final Settlement Price for this cash-settled future may be known before the last trading date/time. Price The price of roasted molybdenite concentrate (tech oxide) is widely used as the reference market price base for molybdenum products. Average realized price for copper was $3.01 per pound, up 14.9% year over year. Interest in the metal has grown recently, and that’s because the increase in … As other markets, the molybdenum space felt the impact of the coronavirus in 2020. The first is that you think there won’t be a major disruption to the supply of the metal. But for most people, it’s unheard of. Learn more here about the molybdenum outlook. Learn more about the specifications for each price and view the trend of volatility by expanding each price (click More), or click through to the price landing page for a view of the tools available to subscribers. Interactive chart of historical daily COMEX copper prices back to 1971. 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. This substance is much tied in to industrial manufacturing, as just about every type of extremely high-strength steel has molybdenum. In these circumstances, it will be possible for market participants to enter bids and offers, and to trade, in this cash-settled future on LMEselect and in the inter-office market on the basis of a known price. The metal is also used extensively in the nuclear power sector, and it is also used to make aircraft and missile parts. It also comes as a byproduct of copper and tungsten mining operations. Historically, Cobalt reached an all time high of 95250 in March of 2018. In 2018, silver as an investment in the precious metals sector was among the biggest disappointments mainly because of its steep plunge in price. It is quite toxic unless in small quantities, but it is an essential trace element for plants and animals. Alibaba.com offers 1,586 price of molybdenum per pound products. General Moly (the "Company" or "General Moly") (NYSE American and TSX: GMO), the only western-exchange listed, pure-play molybdenum mineral development Please enter your email address below to start a free trial to access this powerful metals pricing tool. In Imperial or US customary measurement system, the density is equal to 99.88 pound per cubic foot [lb/ft³], or 0.925 ounce per cubic inch [oz/inch³] . The Monthly Overview report provides a snapshot of key data relating to LME Molybdenum (Platts) including: Please click here for Monthly Overview reports. For more data, Barchart Premier members can download more historical data (going back to Jan. 1, 1980) and can download Intraday, Daily, Weekly, Monthly or Quarterly data on the Historical Download tab.Additional underlying chart data and study values can be downloaded using the Interactive Charts. He thought that the mineral had a previously unknown element, but he couldn’t isolate it himself. Eight years later, the price was nearly five times lower, at 6.92 U.S. dollars per pound. Your work will need to involve this metallic element before you become familiar to it. Based on $30/lb price of Moly ($32/lb today) 2.5% Moly Grade, 88% recovery, and $7 cost per pound (expected to be $5 or less at full capacity), WEX should generate roughly $14 million in Cash flow or $1 per share in cash flow. LME Cobalt (Fastmarkets MB) liquidity windows, Last LME business day of the contract month, LME Trading Operations will calculate daily settlement values based on its published procedure, Final settlement, following termination of the trading for a contract month, will be based on the reported arithmetic monthly average of the Platts Molybdenum Oxide Daily Dealer (Global) index which is available from 14:00 London time on the last trading day. It doesn’t have an illustrious history as well. But demand from steelmakers has improved markedly since then. Prices for the Platts Molybdenum Oxide Daily Dealer (Global) index are generally published according to the UK holiday schedule, please refer directly to the provider for the latest information on any amendments or changes. After peaking near $35 per pound, prices collapsed 70% and fell to less than $10 per pound. In these circumstances, it will be possible for market participants to enter bids and offers, and to trade, in this cash-settled future on LMEselect and in the inter-office market on the basis of a known price. It is silvery white in color, and it is very hard. This makes it highly valuable in the chemical industry. Order) Consolidated average unit net cash costs per pound of copper were $1.32, down 17% year over year. By clicking I accept you agree to such purposes. LAKEWOOD, Colo., March 2, 2018 /CNW/ -- General Moly, Inc. (the "Company" or "General Moly") (NYSE American and TSX: GMO), the only western-exchange listed, pure-play molybdenum mineral development company, reports that the global molybdenum spot price has increased 25 percent year to date to $12.83 per pound. I always though 6 bucks a pound was a lot but it use to be about average. 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