Annual Information Service - 243526
Molybdenum: Global Industry Markets & Outlook, 12th Edition
|Published by||Roskill Information Services|
|Published||frequently updated||Content info|
|Molybdenum: Global Industry Markets & Outlook, 12th Edition|
|Published: frequently updated||Content info:||
Updated and released every 12 months, the Molybdenum: Global Industry, Markets and Outlook to 2025.
What proportion of additional supply in 2025 will come from copper-molybdenum projects?
Falling molybdenum prices between mid-2014 and 2015 caused a number of primary molybdenum producers to suspend production in 2015. The longer term price prospects for molybdenum appear uncertain, though molybdenum prices are expected to remain subdued throughout the first half of 2016. Greater supply from low-cost molybdenum by-product producers continues to supress prices and maintains pressure on higher-cost producers. Output will need to be reduced further by producers to reduce oversupply, whilst demand growth catch-up. There are positives for the global molybdenum market. Demand is expected to increase by some 105ktpy Mo in the years to 2025, and current capacity is insufficient to meet this demand growth. Molybdenum prices are likely to recover as the market approaches supply-demand equilibrium, though the timing of this will depend on the reaction of producers in reducing production.