Molybdenum Concentrate Commodity Index – Mar. 7, 2017
- Details
- Category: Molybdenum's News
- Published on 10 March 2017
- Written by Elva
- Hits: 422
The molybdenum concentrate commodity index is 72.18 on Mar. 7, 2017, which is the same level as yesterday. It has lowered down 41.52%, compared with the highest level on Jan. 23, 2013, but increased 49.75% compared with the lowest point on Dec.2, 2015. The comparison is calculated from Sep. 30, 2012. The value has been going up continuously 49.751% in 463days.
The earliest commodity index was developed in 1957 by the US Commodity Research Bureau based on the world market, 22 kinds of basic economic sensitive commodity prices. The preparation of a futures price index, usually referred to as the CRB index cited. Commodity index is based on certain commodity prices based on the preparation of different commodities in the index of difference.
The increasing price has been a great range for nearly a monthnow, which can also be called sharply. Molybdenum concentrate index is a figure showing the same price trend of moly concentrate.
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