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.

View monthly updates and historical trends for Molybdenum Spot Price. Source: International Monetary Fund. Track economic data with YCharts analytics.

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.

Monthly and long-term molybdenum price data (US$/mt): historical series and analyst forecasts curated by FocusEconomics.

In Q3 2025, USA, the Ferro-molybdenum Price Index rose by 4.46% quarter-over-quarter, driven by tariffs policy. Check detailed insights for Europe and APAC.

In the first quarter (Q1) of 2025, the global price of molybdenum amounted to ****** U.S. dollars per metric ton. Between Q4 2022 and Q3 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).

In February 2023, the molybdenum ore price stood at $27,803 per ton (FOB, Canada), with an increase of 33% against the previous month.

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

The molybdenum market worldwide is expected to grow steadily, with an estimated value of USD 346.3 billion in 2025, which is expected to reach around USD 548 billion by 2035, increasing at a CAGR of approximately 4.7%.

Market Metrics

Metrics	Values
Industry Size (2025E)	USD 346.3 billion
Industry Value (2035F)	USD 548 billion
CAGR (2025 to 2035)	4.7%

Country Wise Analysis

Country	CAGR (2025 - 2035 )
USA	5.3%
Uk	4.6%
France	4.2%
Germany	4.8%
Italy	4.1%
South Korea	5 %
Japan	4.4%
China	6.5%
Australia	4.7%
New Zealand	3.9%

Competitive Outlook

Company Name	Market Share (%)
Freeport-McMoRan Inc.	20-24%
Grupo México, S.A.B. de C.V.	16-20%
China Co., Ltd.	12-16%
Antofagasta plc	10-14%
Thompson Creek Metals Company Inc.	8-12%
Others (combined)	30-40%

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.

Molybdenum (Mo) Market size is anticipated to reach around USD 6.70 billion by 2030, also estimated to grow at a CAGR of around 3.92% by 2025-2030.

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

The molybdenum market attained a value of USD 4.71 Billion in 2024. The industry is expected to grow at a CAGR of 5.30% during the forecast period of 2025-2034. By 2034, the market is expected to reach USD 7.89 Billion.

The influx of stricter environmental policies across the globe are impacting the molybdenum market outlook for pollution control and cleaner production processes. Across the United States and Europe, regulations limiting nitrogen oxide emissions are driving the need for molybdenum-based catalysts in chemical and refining plants. For instance, in November 2024, Syamcat introduced an iron–molybdenum catalyst to facilitate efficient methanol-to-formaldehyde conversion. The global push towards circular economy principles is further promoting the recycling of molybdenum-containing scrap whilst reducing the environmental impacts.

Governments worldwide are recognizing molybdenum as a critical mineral for national security given its use in defense alloys and energy infrastructure. The United States Department of Defense and European Union are prioritizing molybdenum in strategic stockpiling efforts to mitigate supply risks amid geopolitical uncertainties. This trend is encouraging investments in mining and processing facilities within politically stable regions, further influencing global market flows as well as long-term supply security.

Molybdenum compounds, mainly molybdenum disulfide, are serving as key catalysts in refining petroleum and petrochemicals. Hydrodesulfurization catalysts limit sulfur content in fuels for matching the stricter environmental regulations globally. The introduction of the Global Strategy is urging countries to reach low sulfur fuels by up to 50 ppm by 2025, favoring the molybdenum industry. This trend is driving the growth in refining capacities in emerging countries. Moreover, molybdenum-based catalysts are increasingly applied in green chemical processes for enhancing their strategic importance in sustainable industry practices.

Discover the booming Roasted Molybdenum Concentrate market! Explore its projected $2-3 billion valuation in 2025, 4-6% CAGR, key drivers, trends, and leading companies like Climax Molybdenum and China Molybdenum. Learn about regional market share and future growth potential in this comprehensive market analysis.

Discover the latest insights into the booming Roasted Molybdenum Concentrate market. Explore market size, CAGR, regional trends, and key players shaping this dynamic industry. Our comprehensive analysis projects significant growth through 2033, driven by burgeoning steel production and infrastructure development.

China Molybdenum reported CNY17.06 in PE Price to Earnings for its fiscal quarter ending in September of 2025. Data for China Molybdenum | 603993 - PE Price to Earnings including historical, tables and charts were last updated by Trading Economics this last December in 2025.

The global molybdenite market is experiencing robust growth, driven by increasing demand from key sectors like steel, chemicals, and electronics. The market, estimated at $X billion in 2025 (assuming a reasonable market size based on industry reports and related metal markets), is projected to exhibit a Compound Annual Growth Rate (CAGR) of X% from 2025 to 2033. This growth is primarily fueled by the rising global infrastructure development, particularly in emerging economies, leading to a significant increase in steel production – a major consumer of molybdenite. Furthermore, the expanding electronics industry, with its need for high-performance alloys and catalysts, is another significant contributor to market expansion. The increasing adoption of molybdenum-based catalysts in the chemical and petroleum industries also adds to the overall demand. Different types of molybdenite, including ammonium molybdate, molybdenum oxide, and molybdenum powder, cater to these diverse applications, creating a fragmented but dynamic market landscape. While challenges such as fluctuating molybdenum prices and potential supply chain disruptions exist, the long-term outlook remains positive, underpinned by ongoing technological advancements and the consistent demand for high-strength, corrosion-resistant materials. Growth is expected to be particularly strong in the Asia-Pacific region, driven by rapid industrialization in China and India. North America and Europe will also contribute significantly, although at a potentially slower pace due to their already established industrial bases. Competitive dynamics are shaped by a mix of established players like Climax Molybdenum, Jinduicheng Molybdenum Industry, and Luoyang Molybdenum, alongside several regional players. Strategic partnerships, mergers and acquisitions, and technological innovations will play a pivotal role in shaping the future market landscape. The segmentation by application (steel, chemicals, electronics, pharmaceuticals, agriculture) and by type (ammonium molybdate, molybdenum oxide, molybdenum powder, others) provides a detailed understanding of market dynamics, allowing for targeted investment strategies and precise market forecasting. The forecast period of 2025-2033 presents substantial opportunities for stakeholders across the value chain.

Discover the future of the molybdenum metal market. Our in-depth analysis reveals a $5 billion market in 2025, projected to reach $7.5 billion by 2033, driven by steel, renewable energy, and technological advancements. Explore key players, regional trends, and growth opportunities in this comprehensive report.

Learn about the recent developments and trends in the exports of molybdenum ore from the United States. Find out the volume and value of exports, growth rates, and peak periods.