Molybdenum sample mineral, a rare earth metal

Molybdenum Prices

Molybdenum prices continued to rally in recent weeks, boosted by supply disruptions and soaring demand from the military and renewables sectors. Prices averaged USD 82,453 per metric ton in February, which was 59.3% higher than January’s price but was up 94.7% from the same month last year. Meanwhile, on 28 February, molybdenum traded at USD 83,776 per metric ton, which was up 42.1% from the same day of the previous month.

Molybdenum (prices in US$/mt, aop)

Q1 2021 Q2 2021 Q3 2021 Q4 2021 Q1 2022 Q2 2022 Q3 2022 Q4 2022
Molybdenum 23 30 42 43 42 41 35 37

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Price forecasts and historical data for Molybdenum.

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