Each publication contains detailed individual analyst and average (mean) price forecasts for the next 8 quarters, as well as the long-term outlook for the upcoming 10 year period. This is complemented with in-depth graphical and written analysis. In addition, Energy and Metals Consensus Forecasts features a closer look at changes in the macroeconomic outlook in the world's major economies, and a selection of currency forecasts taken from our Foreign Exchange Consensus Forecasts publication. The publication has many practical uses including commodity investment analysis, risk management, corporate planning, and budgeting. The commodities covered have been selected for their global appeal and traded on prominent futures markets such as the London Metal Exchange (LME), New York Mercantile Exchange (NYMEX) and InterContinental Exchange (ICE).

Forecast Coverage for Molybdenum

Molybdenum is principally used as an alloying agent in steel. As a by-product of copper, production costs are low. Prices can be influenced by demand for nickel and stainless steel, as well as molybdenum roasting capacity. Our molybdenum forecasts are based on spot prices for molybdenum from drummed molybdic oxide (57-63% molybdenum).

Molybdenum Price History

The chart below illustrates the trend in molybdenum  prices since January 2014, measured in US$/lb.

Consensus Forecasts for Molybdenum

The sample table below has been extracted from our November 2021 survey, showing individual and consensus price forecasts for molybdenum. The publication includes forecasts for more than 30 other commodities, and the accompanying Excel file includes individual panellist forecasts for all commodities featured in Energy and Metals Consensus Forecasts.

Molybdenum and Coverage of Other Commodities

A complete sample issue of the publication, which also includes Consensus Forecasts™ for Aluminium, Copper and Lithium, as well as other non-ferrous, ferrous and precious metals, can be downloaded by clicking below. If you have any questions, please contact us at Consensus Economics.