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Molybdenum Market - April 16, 2026

Molybdenum market update on April 16, 2026

The domestic molybdenum market remains generally stable. In the absence of a significant increase in downstream inquiries and with suppliers showing a low willingness to lower prices for sales, the prices of molybdenum concentrate, ferromolybdenum, and molybdate have fluctuated within a narrow range, and the buying and selling atmosphere in the market is average.

From the perspective of favorable factors, first, the strong support from production costs and the fact that downstream users generally maintain rigid demand have resulted in relatively limited bargaining space for traders, providing strong support for prices. Second, stricter environmental policies and the aging of mine grades have led to restricted capacity releases for some molybdenum manufacturers, which in turn has provided some support for market prices. Third, the international molybdenum price has fluctuated upward, which is favorable for warming up the domestic molybdenum market. Currently, the international price of molybdenum oxide is about USD 27 per pound of molybdenum, and the European ferromolybdenum price is about USD 63.4 per kilogram of molybdenum.

On the negative side, on the one hand, the steel bidding price has shown weak upward momentum, which has put pressure on the upward movement of ferromolybdenum prices. On the other hand, in the context of a complex and changing global economic situation and significant geopolitical risks, purchasers generally maintain a cautious procurement attitude, and their consumption willingness is weak.

Price of molybdenum products on April 16, 2026

Silicon molybdenum rod picture

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