Molybdenum prices averaged USD 46,350 per metric ton in June, up 5.4% from May. On 30 June, the commodity traded at USD 47,400 per metric ton, up 2.4% from 30 May.
Prices flatlined for most of June but climbed in the closing days of the month. The recent ceasefire between Iran and Israel, plus a trade agreement between the U.S. and China, bolstered market sentiment. Additionally, global manufacturing activity strengthened in June.
This chart displays Molybdenum (US$/mt) from 2023 to 2025.
Molybdenum (prices in US$/mt, aop)
| Q1 2023 | Q2 2023 | Q3 2023 | Q4 2023 | Q1 2024 | Q2 2024 | Q3 2024 | Q4 2024 | Q1 2025 | Q2 2025 | Q3 2025 | Q4 2025 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Molybdenum | - | - | 47,792 | 49,477 | 42,668 | 44,093 | 44,093 | 47,800 | 51,318 | 44,959 | - | - |