Molybdenum prices averaged USD 44,093 per metric ton in June, unchanged from May. On 28 June, the commodity traded at USD 44,093 per metric ton, unchanged from 31 May.
With no significant market movements, prices flatlined for the third successive month in June. Prices have increased so far this year due to a recovery in global industrial activity, as signaled by manufacturing PMI data.
This chart displays Molybdenum (US$/mt) from 2022 to 2024.
Molybdenum (prices in US$/mt, aop)
| Q1 2023 | Q2 2023 | Q3 2023 | Q4 2023 | Q1 2024 | Q2 2024 | Q3 2024 | Q4 2024 | |
|---|---|---|---|---|---|---|---|---|
| Molybdenum | 70,639 | 57,855 | 47,792 | 49,477 | 42,668 | 44,093 | - | - |