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LME Molybdenum

Molybdenum is commonly a by-product of copper mining. It has the ability to withstand extreme temperatures and has a high resistance to corrosion. Molybdenum is widely used as an alloy agent in stainless steel. It is also used to manufacture aircraft parts and industrial motors.

In response to industry demand for an exchange based price risk mechanism the LME commenced trading molybdenum futures in February 2010.

Trading and Data

Molybdenum is traded on all three LME trading platforms: in the Ring, on LMEselect and the inter-office telephone market.

Official Cash Price for 2 Feb 2012
   BUYER      $30,500.00      SELLER & SETTLEMENT     $31,500.00  

Chart      More prices



Official Prices that reflect the underlying supply and demand in the physical market are determined in the Ring and can be used by the industry as a reference price.

Connecting with Industry

The LME Molybdenum futures contract specifications have been designed in conjunction with industry professionals across the world. 

Brochures
Title of document - 100KB LME minor metals - Price risk management for cobalt & molybdenum
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