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Molybdenum traded flat at 498 CNY/Kg on August 1, 2025. Over the past month, Molybdenum's price has risen 13.96%, and is up 4.29% 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 August 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.
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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.
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.
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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).
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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).
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Explore the factors influencing molybdenum prices, from economic and industrial demand to geopolitical shifts. Discover how historical trends and recent developments, including the impact of the COVID-19 pandemic and green technology investments, have shaped the market for this key industrial metal, with insights into future price dynamics.
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The global molybdenum market is expected to grow in the forecast period of 2025-2034 at a CAGR of 4.00%. Due to increasing global demand from different industries, the molybdenum market is rapidly expanding. This silvery-white, ductile, corrosion-resistant metal is increasingly getting more valued owing to its mechanical strength at high temperatures. It is essential for structural use because of its application in the steel industry for toughness, tensile strength, and hardenability. Additionally, the construction, aerospace, defense, chemical and petrochemical, and oil and gas sectors also depend heavily on molybdenum. Glass-melting furnace electrodes, friction-reducing sprayed coatings, and rotating X-ray anodes for clinical diagnostics are some of its many other widespread applications. Its heat sinks and thermal expansivity make it valuable in electronics and manufacturing. It withstands molten glass environments and increases production efficiency. As global infrastructure and technology continue to advance, the market value of molybdenum is expected to swell, with rising applications and increasing industrial dependence.
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China Molybdenum stock price, live market quote, shares value, historical data, intraday chart, earnings per share and news.
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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.
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In May 2022, the molybdenum price amounted to $47.5 per kg (FOB, China), falling by -5.5% against the previous month.
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China Molybdenum reported 12.02 in PE Price to Earnings for its fiscal quarter ending in December of 2024. Data for China Molybdenum | 603993 - PE Price to Earnings including historical, tables and charts were last updated by Trading Economics this last August in 2025.
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In February 2023, the molybdenum ore price stood at $27,803 per ton (FOB, Canada), with an increase of 33% against the previous month.
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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% |
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The global molybdenum strip market is experiencing robust growth, driven by increasing demand from key application sectors like stainless steel, superalloys, and high-speed steel manufacturing. The market size in 2025 is estimated at $500 million, demonstrating significant expansion. This growth is fueled by advancements in materials science, leading to wider adoption of molybdenum strips in high-performance applications demanding superior strength, corrosion resistance, and high-temperature stability. Furthermore, the expanding automotive, aerospace, and energy sectors are contributing significantly to this market expansion, driving the need for specialized materials like molybdenum strips. Stringent regulatory standards regarding emissions and material efficiency are also influencing manufacturers to adopt molybdenum strips as a sustainable and high-performance alternative. While the market demonstrates strong growth potential, certain challenges exist. Fluctuations in molybdenum prices, primarily influenced by global supply chains and mining activities, represent a significant restraint. Competition from alternative materials, coupled with the relatively high cost of molybdenum strips, also influences market dynamics. However, ongoing research and development focused on improving manufacturing processes and exploring new applications promise to mitigate these restraints. Assuming a conservative Compound Annual Growth Rate (CAGR) of 6% from 2025 to 2033, the market is projected to reach approximately $890 million by 2033, reflecting substantial market potential. This projection considers the aforementioned drivers, restraints and prevailing market trends in the molybdenum strip sector. This report provides an in-depth analysis of the global molybdenum strip market, a critical component in diverse high-performance applications. We project a market value exceeding $2 billion by 2028, driven by robust demand from key sectors. This detailed study covers production, consumption, pricing trends, competitive landscape, and future growth projections, providing valuable insights for industry stakeholders, investors, and researchers.
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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.
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The average molybdenum import price stood at $48,104 per ton in February 2025, declining by -16.8% against the previous month.
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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.
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The Pakistani molybdenum market was finally on the rise to reach $250K in 2024, after two years of decline. Overall, consumption saw a prominent expansion. Molybdenum consumption peaked at $365K in 2021; however, from 2022 to 2024, consumption stood at a somewhat lower figure.
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China Molybdenum reported CNY0.18 in EPS Earnings Per Share for its fiscal quarter ending in March of 2025. Data for China Molybdenum | 603993 - EPS Earnings Per Share including historical, tables and charts were last updated by Trading Economics this last August in 2025.
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Molybdenum traded flat at 498 CNY/Kg on August 1, 2025. Over the past month, Molybdenum's price has risen 13.96%, and is up 4.29% 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 August of 2025.