Molybdenum traded flat at 455.50 CNY/Kg on November 28, 2025. Over the past month, Molybdenum's price has fallen 8.99%, and is down 4.11% 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 December of 2025.

In August 2022, the molybdenum ore price stood at $14.8 per kg (CIF, Brazil), dropping by -5.9% against the previous month.

In July 2023, the price of Molybdenum was $100K per ton (FOB, Japan), representing a decrease of -34.5% compared to the previous month.

In April 2023, the price of Molybdenum Ore was $39,238 per ton (CIF, Italy), reflecting a drop of -14.1% compared to the previous month.

In May 2022, the molybdenum price amounted to $47.5 per kg (FOB, China), falling by -5.5% against the previous month.

As per Cognitive Market Research's latest published report, the Global Molybdenum 99 market size will be $9,036.05 Million by 2028. The Global Molybdenum 99 Market Industry's Compound Annual Growth Rate will be 4.14% from 2023 to 2030.

The North America Molybdenum 99 market size will be USD 3,218.19 Million by 2028.

Key Dynamics of

Molybdenum 99 Market

Key Drivers of

Molybdenum 99 Market

Increasing Demand for Diagnostic Nuclear Medicine: Molybdenum-99 (Mo-99) serves as the parent isotope for Technetium-99m, which is utilized in more than 80% of nuclear medicine diagnostic procedures, encompassing cardiac, bone, and cancer imaging. The worldwide rise in chronic illnesses and the aging demographic is propelling the demand for Mo-99 to facilitate early, non-invasive medical diagnoses.

Government Initiatives to Enhance Domestic Supply: Numerous nations, particularly the United States and Canada, are investing in initiatives aimed at decreasing dependence on foreign sources of Mo-99 and bolstering domestic production. Collaborations between public and private sectors, along with reactor modernization efforts, are improving the security of isotope supply and fostering local manufacturing capabilities.

Progress in Non-HEU Production Techniques: The transition towards the production of Mo-99 utilizing low-enriched uranium (LEU) or alternative technologies, such as accelerators, aligns with regulatory requirements and global non-proliferation objectives. These cleaner and safer production techniques are fostering long-term investments and innovation within the Mo-99 supply chain.

Key Restraints for

Molybdenum 99 Market

Short Half-Life and Complicated Logistics: Mo-99 possesses a brief half-life of approximately 66 hours, necessitating swift production, transportation, and utilization. The time-sensitive nature of its supply chain presents significant distribution challenges, especially across international borders, and restricts storage options at medical facilities.

Limited Global Production Facilities: Currently, only a limited number of nuclear reactors around the globe are capable of producing Mo-99, resulting in supply vulnerabilities. Any outages or maintenance at a major facility can lead to worldwide shortages, impacting diagnostic procedures and hospital operations.

High Costs of Infrastructure and Regulatory Compliance: Establishing or upgrading Mo-99 production facilities demands substantial capital investment and rigorous adherence to nuclear safety regulations. This situation restricts entry for new market participants and may hinder the expansion of regional production capacity in underserved areas.

Key Trends in

Molybdenum 99 Market

Shift Towards Accelerator-Based and Non-Reactor Technologies: Innovators are creating methods for the production of Mo-99 and Tc-99m that utilize cyclotron and linear accelerator technologies, thereby decreasing dependence on outdated nuclear reactors. These advancements provide improved safety, reduced waste, and the potential for decentralization—transforming the future of medical isotope supply.

Expansion in Emerging Markets for Nuclear Medicine: Nations in the Asia-Pacific region, Latin America, and the Middle East are enhancing their nuclear medicine infrastructure, which is fueling the demand for Mo-99. Investments in hospital imaging facilities and isotope distribution systems are facilitating greater healthcare access and improved diagnostic capabilities.

Private Sector Involvement and Commercialization: Startups and private enterprises are progressively entering the Mo-99 market, bolstered by government funding and venture capital. These organizations are concentrating on sustainable production techniques, ensuring domestic supply resilience, and commercializing next-generation isotope technologies to address the increasing diagnostic requirements. Introduction of Molybdenum 99

Molybdenum (chemical symbol Mo) is a trace element that is necessary for life. In 1778, Carl Wilhelm Scheele, a Swedish chemist, discovered it. Molybdenum-99 (Mo-99) decays to technetium-99m (Tc-99m), a radioisotope used in hospitals and medical facilities.

The molybdenum 99 manufacturing technique is frequently employed in the production of uranium, whether highly enriched or non-highly enriched. The uranium-bearing targets are irradiated wi...

In 2024, the Indian ferro-molybdenum market decreased by -38.4% to $65M, falling for the second year in a row after three years of growth. In general, consumption showed a perceptible slump. 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.

This statistic shows the sales value of molybdenum and articles thereof based on PRODCOM** estimates in the United Kingdom (UK) from 2008 to 2016, in thousand British pounds. It shows that the sales value in 2008 was approximately *** million British pounds. The sales value was volatile over the years, initially decreasing to ******* British pounds in 2009, increasing up to *** million British pounds in 2012 and dropping again significantly over the following two years to ******* British pounds in 2014.

The global market for Moly Grease and Moly Paste is poised for significant expansion, projected to reach a valuation of approximately $224.3 million by 2025. This robust growth trajectory is underpinned by a compelling Compound Annual Growth Rate (CAGR) of 6.1%, indicating sustained demand and increasing adoption across a diverse range of industries. The primary drivers fueling this market surge include the inherent superior lubricating properties of molybdenum disulfide (moly), such as its exceptional load-carrying capacity, anti-wear characteristics, and resistance to extreme pressures and temperatures. These attributes make moly-based lubricants indispensable in demanding applications where conventional greases fall short. The increasing mechanization and sophistication of heavy-duty equipment in sectors like mining, construction, and large-scale transportation are major contributors to this demand. Furthermore, advancements in lubricant formulations, enhancing their performance and environmental compatibility, are also playing a crucial role in market expansion. The market's segmentation reveals a broad applicability, with key segments including construction equipment, agricultural machinery, mining operations, large transport vehicles, ships, and aircraft. The consistent need for enhanced equipment longevity, reduced maintenance downtime, and improved operational efficiency in these sectors directly translates into a sustained demand for high-performance moly greases and pastes. Emerging trends, such as the development of specialized moly formulations for niche applications and the growing emphasis on high-performance industrial lubricants, are expected to further invigorate market growth. While the market presents a promising outlook, potential restraints such as the price volatility of raw materials and the availability of alternative high-performance lubricants may pose challenges. However, the unique and often irreplaceable benefits offered by moly-based products are expected to mitigate these concerns, ensuring continued market dominance in critical industrial lubrication.

The exports of Molybdenum Ore peaked at 30K tons in 2019 but saw a decrease from 2020 to 2023, resulting in a decline in value to $478M in 2023.

During the period analyzed, imports of Molybdenum Ore reached a peak of 65K tons in 2023, but then saw a significant decrease in the following year. In terms of value, the imports of molybdenum ore plummeted to $1.1B in 2024.

The average molybdenum ore import price stood at $25,578 per ton in April 2025, dropping by -3.5% against the previous month.

In 2023, the amount of molybdenum ores imported into Serbia contracted dramatically to 123 kg, dropping by -87.7% against the previous year.

In 2024, the French ferro-molybdenum market decreased by -48.7% to $6.5M, falling for the second year in a row after two years of growth. In general, consumption continues to indicate a abrupt downturn. Ferro-molybdenum consumption peaked at $77M in 2012; however, from 2013 to 2024, consumption remained at a lower figure.

The Latvian molybdenum market dropped markedly to $50 in 2024, waning by -90.5% against the previous year. Over the period under review, consumption recorded a sharp setback. As a result, consumption attained the peak level of $2.3M. From 2021 to 2024, the growth of the market remained at a somewhat lower figure.

In 2024, the CIS molybdenum market decreased by -3.9% to $514M for the first time since 2015, thus ending a eight-year rising trend. The total consumption indicated tangible growth from 2012 to 2024: its value increased at an average annual rate of +3.5% over the last twelve years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. The level of consumption peaked at $535M in 2023, and then dropped slightly in the following year.

The U.S. ferro-molybdenum market declined markedly to $230M in 2024, dropping by -19.3% against the previous year. This figure reflects the total revenues of producers and importers (excluding logistics costs, retail marketing costs, and retailers' margins, which will be included in the final consumer price). Overall, consumption, however, enjoyed a strong increase. Over the period under review, the market attained the maximum level at $284M in 2023, and then contracted significantly in the following year.

In 2023, purchases abroad of molybdenum decreased by -18.8% to 13 kg, falling for the second consecutive year after two years of growth.

The Thai ferro-molybdenum market fell sharply to $749K in 2024, dropping by -15.8% against the previous year. Overall, consumption faced a abrupt slump. Ferro-molybdenum consumption peaked at $10M in 2018; however, from 2019 to 2024, consumption stood at a somewhat lower figure.

The Estonian ferro-molybdenum market declined to $1.2M in 2024, dropping by -14.1% against the previous year. In general, consumption recorded a drastic downturn. Ferro-molybdenum consumption peaked at $12M in 2014; however, from 2015 to 2024, consumption stood at a somewhat lower figure.