Molybdenum rose to 520 CNY/Kg on August 29, 2025, up 0.02% from the previous day. Over the past month, Molybdenum's price has risen 7.66%, and is up 8.90% compared to the same time last year, according to trading on a contract for difference (CFD) that tracks the benchmark market for this commodity. Molybdenum - values, historical data, forecasts and news - updated on September of 2025.

In 2023, the Metals Week price of molybdenum amounted to ***** U.S. dollars per pound. That was a considerable increase in comparison to the average molybdenum price in 2016, which amounted to six U.S. dollars per pound.

Why did the Molybdenum Price Change in July 2025? The Molybdenum Spot Price Index in North America decreased by 3.4% quarter-over-quarter in Q2 2025, driven by sluggish domestic demand and inflated landed costs due to the continued imposition of a 50% tariff under Section 232.

The average molybdenum import price stood at $68,963 per ton in May 2025, jumping by 18% against the previous month.

In the first quarter (Q1) of 2025, the global price of molybdenum amounted to more than ****** U.S. dollars per metric ton. Between Q4 2022 and Q1 2025, the highest price of molybdenum worldwide was in Q1 2023, when it reached approximately ****** U.S. dollars per metric ton.

The Molybdenum Market Report is Segmented by End Product (Steel, Chemical, Foundry, and More), Product Form (Molybdenum Concentrates, Roasted Molybdenum, Ferromolybdenum, and More), End-Use Industry (Oil & Gas, Chemical & Petrochemical, Automotive, Industrial, Building & Construction, and More), and Geography (Asia-Pacific, North America, Europe, Rest of the World). The Market Forecasts are Provided in Terms of Volume (Tons).

Get the latest insights on price movement and trend analysis of Molybdenum Disulfide in different regions across the world (Asia, Europe, North America, Latin America, and the Middle East Africa).

Why did the Molybdenum Price Change in May 2025? The Molybdenum Price Index in North America showed a downward trend during Q1 2025, ending at USD 48,153/MT for Ferro-molybdenum 65% min CFR San Diego.

Explore the factors influencing molybdenum prices, including supply-demand dynamics, steel industry demand, and mining operations, to understand market volatility and make informed decisions.

Chile Average Price: Molybdenum data was reported at 12.163 USD/lb in Dec 2018. This records an increase from the previous number of 12.002 USD/lb for Nov 2018. Chile Average Price: Molybdenum data is updated monthly, averaging 4.655 USD/lb from Jan 1979 (Median) to Dec 2018, with 480 observations. The data reached an all-time high of 36.625 USD/lb in May 2005 and a record low of 1.880 USD/lb in Dec 1992. Chile Average Price: Molybdenum data remains active status in CEIC and is reported by Chilean Copper Commission. The data is categorized under Global Database’s Chile – Table CL.P001: Metal Prices.

In 2023, purchases abroad of molybdenum was finally on the rise to reach 238 tons after two years of decline.

China Molybdenum stock price, live market quote, shares value, historical data, intraday chart, earnings per share and news.

China Molybdenum reported 10.99 in PE Price to Earnings for its fiscal quarter ending in June of 2025. Data for China Molybdenum | 603993 - PE Price to Earnings including historical, tables and charts were last updated by Trading Economics this last September in 2025.

The global market size of Molybdenum Metal is $XX million in 2018 with XX CAGR from 2014 to 2018, and it is expected to reach $XX million by the end of 2024 with a CAGR of XX% from 2019 to 2024.
Global Molybdenum Metal Market Report 2019 - Market Size, Share, Price, Trend and Forecast is a professional and in-depth study on the current state of the global Molybdenum Metal industry. The key insights of the report:
1.The report provides key statistics on the market status of the Molybdenum Metal manufacturers and is a valuable source of guidance and direction for companies and individuals interested in the industry.
2.The report provides a basic overview of the industry including its definition, applications and manufacturing technology.
3.The report presents the company profile, product specifications, capacity, production value, and 2013-2018 market shares for key vendors.
4.The total market is further divided by company, by country, and by application/type for the competitive landscape analysis.
5.The report estimates 2019-2024 market development trends of Molybdenum Metal industry.
6.Analysis of upstream raw materials, downstream demand, and current market dynamics is also carried out
7.The report makes some important proposals for a new project of Molybdenum Metal Industry before evaluating its feasibility.
There are 4 key segments covered in this report: competitor segment, product type segment, end use/application segment and geography segment.
For competitor segment, the report includes global key players of Molybdenum Metal as well as some small players. At least 9 companies are included:
* Freeport-McMoRan
* Codelco
* Grupo Mexico
* China Molybdenum
* Thompson Creek Metals Company
* Anglo American Plc
For complete companies list, please ask for sample pages.
The information for each competitor includes:
* Company Profile
* Main Business Information
* SWOT Analysis
* Sales, Revenue, Price and Gross Margin
* Market Share

For product type segment, this report listed main product type of Molybdenum Metal market
* Powder
* Block
* Other
For end use/application segment, this report focuses on the status and outlook for key applications. End users sre also listed.
* Chemical/Petrochemical
* Building & Construction
* Aerospace and Defense
* Automotive
* Other

For geography segment, regional supply, application-wise and type-wise demand, major players, price is presented from 2013 to 2023. This report covers following regions:
* North America
* South America
* Asia & Pacific
* Europe
* MEA (Middle East and Africa)
The key countries in each region are taken into consideration as well, such as United States, China, Japan, India, Korea, ASEAN, Germany, France, UK, Italy, Spain, CIS, and Brazil etc.

Reasons to Purchase this Report:
* Analyzing the outlook of the market with the recent trends and SWOT analysis
* Market dynamics scenario, along with growth opportunities of the market in the years to come
* Market segmentation analysis including qualitative and quantitative research incorporating the impact of economic and non-economic aspects
* Regional and country level analysis integrating the demand and supply forces that are influencing the growth of the market.
* Market value (USD Million) and volume (Units Million) data for each segment and sub-segment
* Competitive landscape involving the market share of major players, along with the new projects and strategies adopted by players in the past five years
* Comprehensive company profiles covering the product offerings, key financial information, recent developments, SWOT analysis, and strategies employed by the major market players
* 1-year analyst support, along with the data support in excel format.
We also can offer customized report to fulfill special requirements of our clients. Regional and Countries report can be provided as well.

In 2024, the Indian ferro-molybdenum market decreased by -38.4% to $65M, falling for the second consecutive year after three years of growth. In general, consumption continues to indicate a perceptible contraction. Over the period under review, the market hit record highs at $109M in 2022; however, from 2023 to 2024, consumption remained at a lower figure.

Molybdenum Price in Russia - 2022. Find the latest marketing data on the IndexBox platform.

Molybdenum and metal ore miners have exhibited constant shifts in revenue as commodity prices have fluctuated amid global supply and demand conditions. While revenue slid during the pandemic as mines were temporarily idled or operating at limited capacity, an economic recovery quickly helped miners bounce back. Massive commodity price jumps in molybdenum and platinum have bolstered revenue as steel and automobile manufacturing markets require these metals. Nonetheless, this hike was cut short as prices fell drastically starting in 2024 as supply chain issues waned, leading to a mass surplus. Even so, profitability has remained steady as miners scaled back production to adjust for lower demand. Overall, revenue is set to climb at a CAGR of 1.6% to an estimated $1.6 billion through the end of 2025. Revenue will dip 6.6% in 2025 as molybdenum prices push down further because of a supply surplus and lower demand. Exports have also been a big help to manufacturers, particularly molybdenum, since the US is one of the five largest producers in the world. Molybdenum, crucial for steel production and with few substitutes, is in high demand in many foreign countries for rapid urbanization projects. This caused export levels to soar, even as an appreciating US dollar has made domestic goods more expensive abroad. Nonetheless, recent retaliatory tariffs placed by Canada may cause exports to the country to drop, dealing a huge blow to miners. Revenue will push up as commodity prices swell or remain steady, offering a consistent revenue stream. The domestic and international construction markets, which slowed down late in the period, will recover, presenting new opportunities for miners. Domestic uranium production, which saw a boost in late 2024, will continue to push up as the country ramps up to meet the rising need for nuclear power to help bring data centers online to address the swelling popularity of artificial intelligence. Molybdenum will also be a hot commodity as domestic solar panel manufacturing is set to expand and the metal is essential for producing thin solar panels. Overall, revenue is set to expand at a CAGR of 0.3% to $1.6 billion through the end of 2030.

The molybdenum market, currently valued at approximately $X billion (assuming a reasonable market size based on a 4%+ CAGR and considering similar metals' market values), is experiencing robust growth, projected to exceed a CAGR of 4% from 2025 to 2033. This expansion is driven primarily by increasing demand from the steel industry, particularly in high-strength low-alloy (HSLA) steels used in construction, automotive, and infrastructure projects. Furthermore, the burgeoning renewable energy sector, specifically in wind turbine manufacturing where molybdenum's high strength-to-weight ratio is crucial, is significantly boosting market demand. Technological advancements in molybdenum processing and the emergence of new applications in catalysts, lubricants, and electronics are also contributing factors. However, the market faces certain restraints. Fluctuations in raw material prices, geopolitical instability impacting mining operations, and environmental regulations regarding mining and processing activities present challenges. Competition among major players like Freeport-McMoRan, Rio Tinto, and Codelco, along with emerging Chinese producers, influences market dynamics and pricing. Segment-wise analysis reveals significant growth opportunities in specialized molybdenum products, catering to niche applications and increasing premium pricing, offsetting some of the challenges faced by the commodity market. Successful navigation of these challenges will rely on strategic partnerships, technological innovations, and sustainable mining practices. Recent developments include: June 2022: Kennecott Exploration (KEX), a partner of Alderan Resources in the Frisco copper project in Utah, drilled for copper and molybdenum on the Copper Gulch potential. A Rio Tinto subsidiary, KEX, invested USD 30 million and has the right to 10-year exploration, giving it 70% ownership in Frisco.. Key drivers for this market are: Increasing Steel Production in the Asia-Pacific Region, Growing Demand from the Energy Sector. Potential restraints include: Increasing Steel Production in the Asia-Pacific Region, Growing Demand from the Energy Sector. Notable trends are: Increasing Demand from the Aerospace and Defense Industry.

Snapshot img

The molybdenum market size has the potential to grow by 41.68 thousand MT during 2020-2024, and the market’s growth momentum will accelerate during the forecast period.

This report provides a detailed analysis of the market by end product (steel, chemical, foundry, molybdenum metal, and nickel alloy), application (oil and gas, automotive, heavy machinery, energy, and others), and geography (APAC, Europe, MEA, North America, and South America). Also, the report analyzes the market’s competitive landscape and offers information on several market vendors, including ABSCO Ltd., Anglo American Plc, Antofagasta Plc, Centerra Gold Inc., China Molybdenum Co. Ltd., China Rare Metal Material Co. Ltd., Corporacion Nacional del Cobre de Chile, Freeport-McMoRan Inc., Grupo Mexico SAB de CV, and Rio Tinto Ltd.

Market Overview

Browse TOC and LoE with selected illustrations and example pages of Molybdenum Market

Request a FREE sample now!

Market Competitive Analysis

The molybdenum market is fragmented. ABSCO Ltd., Anglo American Plc, and Antofagasta Plc are some of the major market participants. Factors such as high demand from APAC, growing demand for molybdenum in the oil and gas segment, and demand from automotive and construction industries will offer immense growth opportunities. However, volatility of steel prices, poor high temperature and oxidation resistance in molybdenum, and regulation on excess production capacity in the steel industry may impede market growth. To make the most of the opportunities, vendors should focus on growth prospects in the fast-growing segments, while maintaining their positions in the slow-growing segments.

To help clients improve their market position, this molybdenum market forecast report provides a detailed analysis of the market leaders and offers information on the competencies and capacities of these companies. The report also covers details on the market’s competitive landscape and offers information on the products offered by various companies. Moreover, this molybdenum market analysis report provides information on the upcoming trends and challenges that will influence market growth. This will help companies create strategies to make the most of future growth opportunities.

This report provides information on the production, sustainability, and prospects of several leading companies, including:

ABSCO Ltd. Anglo American Plc Antofagasta Plc Centerra Gold Inc. China Molybdenum Co. Ltd. China Rare Metal Material Co. Ltd. Corporacion Nacional del Cobre de Chile Freeport-McMoRan Inc. Grupo Mexico SAB de CV Rio Tinto Ltd.

Molybdenum Market: Segmentation by Geography

For more insights on the market share of various regions Request for a FREE sample now!

The report offers an up-to-date analysis regarding the current global market scenario, latest trends and drivers, and the overall market environment. APAC will offer several growth opportunities to market vendors during the forecast period.

48% of the market’s growth will originate from APAC during the forecast period. China and India are the key markets for molybdenum in APAC. This report provides an accurate prediction of the contribution of all segments to the growth of the molybdenum market size.

Molybdenum Market: Key Highlights of the Report for 2020-2024

CAGR of the market during the forecast period 2020-2024 Detailed information on factors that will drive molybdenum market growth during the next five years Precise estimation of the molybdenum market size and its contribution to the parent market Accurate predictions on upcoming trends and changes in consumer behavior The growth of the molybdenum industry across APAC, Europe, MEA, North America, and South America A thorough analysis of the market’s competitive landscape and detailed information on vendors Comprehensive details of factors that will challenge the growth of molybdenum market vendors

We can help! Our analysts can customize this report to meet your requirements. Get in touch

High Pure Molybdenum Oxide Market Outlook

The global market size for High Pure Molybdenum Oxide was valued at approximately $850 million in 2023, and it is projected to reach around $1.3 billion by 2032, growing at a compound annual growth rate (CAGR) of 5.1%. The increasing demand for high-purity molybdenum oxide in various industrial applications, driven by its superior properties such as high melting point, thermal stability, and resistance to corrosion, is a key growth factor for this market.

One of the primary drivers of growth in the High Pure Molybdenum Oxide market is the escalating demand from the electronics industry. As the electronics sector continues to innovate and expand, there is a growing need for high-purity materials to enhance the performance and reliability of electronic components. Molybdenum oxide's high purity levels make it an excellent choice for use in thin films, semiconductors, and other critical electronic applications, thereby driving market growth.

Additionally, the expanding chemical industry is significantly contributing to the market's growth. High-purity molybdenum oxide is extensively used as a catalyst in various chemical reactions, including the synthesis of fine chemicals and pharmaceuticals. The ongoing advancements in chemical processing techniques and the increasing focus on sustainable and efficient processes further bolster the demand for high-purity molybdenum oxide, thereby propelling market growth.

The growing focus on renewable energy sources is also a crucial factor fueling the market's expansion. High-purity molybdenum oxide is used in the manufacturing of electrodes for solar cells and the production of hydrogen through water splitting. As countries worldwide strive to reduce their carbon footprint and transition towards clean energy, the demand for high-purity molybdenum oxide in renewable energy applications is anticipated to rise, contributing to the overall market growth.

In terms of regional outlook, Asia Pacific dominates the High Pure Molybdenum Oxide market, accounting for the largest market share in 2023. The region's robust industrial base, particularly in countries like China, Japan, and South Korea, coupled with increasing investments in electronics and renewable energy sectors, drive the demand for high-purity molybdenum oxide. North America and Europe also hold significant market shares, driven by the well-established chemical and electronics industries. The Middle East & Africa and Latin America regions are expected to witness moderate growth, supported by the expanding industrial activities and increasing adoption of advanced materials.

Copper Molybdenum Ores are a significant source of molybdenum, which is extracted as a by-product during the copper mining process. These ores are found in various geological formations and are mined using both open-pit and underground methods. The extraction of molybdenum from copper molybdenum ores is a complex process that involves several stages, including crushing, grinding, flotation, and roasting. The growing demand for molybdenum in various industries, such as electronics, metallurgy, and chemicals, has led to increased exploration and mining activities for these ores. The advancements in mining technologies and the development of more efficient extraction processes have further enhanced the production of molybdenum from copper molybdenum ores, contributing to the overall supply of this valuable metal.

Purity Level Analysis

The High Pure Molybdenum Oxide market is segmented by purity levels into 99.9%, 99.95%, 99.99%, and others. Among these, the 99.99% purity level segment holds the most substantial market share and is anticipated to grow at the highest rate during the forecast period. The superior properties offered by the 99.99% purity level, such as exceptional thermal stability and corrosion resistance, make it highly suitable for critical applications in electronics, catalysts, and metal alloys. The increasing demand for high-performance electronic devices and the need for efficient catalytic processes are key factors driving the growth of this segment.

The 99.95% purity level segment also holds a significant market share. This level of purity is extensively used in applications where slightly lower purity does not compromise performance, such as in the production of pigments and ceramics. The growing construction and automotive industries are major consumers of pigm