Benjamin discusses Molybdenum supply and it’s link to copper demand. Benjamin contends that due to moly demand being dictated by factors such as fracking and high tensile steel and moly supply being purely a by-product of copper, that supply will rarely meet demand. Benjamin thinks that since copper demand will outgrow moly demand over the next 10 years, that the moly market will stay structurally over-supplied. Benjamin finishes by discussing the key bets you are actually making while investing in molybdenum.
DISCLOSURE: The views and opinions expressed in this article are those of the authors, and do not represent the views of equities.com. Readers should not consider statements made by the author as formal recommendations and should consult their financial advisor before making any investment decisions. To read our full disclosure, please go to: http://www.equities.com/disclaimer