Molybdenum sample mineral, a rare earth metal

Molybdenum Prices

Molybdenum prices averaged USD 44,609 per metric ton in April, down 13.3% from March. On 30 April, the commodity traded at USD 43,872 per metric ton, down 1.7% from 31 March.

Molybdenum prices began April at a low level, dented by heightened global trade frictions: Trump’s protectionist rhetoric in recent weeks, coupled with tariff escalation between the U.S. and China, dented demand for the metal. Still, prices were largely stable through most of April following the slum at the start of the month.

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 - 57,855 47,792 49,477 42,668 44,093 44,093 47,800 51,318 - - -

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Price forecasts and historical data for Molybdenum.

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