Molybdenum prices averaged USD 47,400 per metric ton in July, up 2.3% from June. On 31 July, the commodity traded at USD 47,400 per metric ton, unchanged from 30 June.
Prices flatlined in July but averaged above June’s level due to a spike in late June. Recent price gains were driven by a trade deal between the U.S. and China and the ceasefire between Iran and Israel.
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 | - | - |