Molybdenum News Center

Molybdenum Prices - August 20, 2026

Molybdenum market update on August 20, 2026

The overall center of gravity of domestic molybdenum prices moved up slightly, among which the price of molybdenum concentrate increased by approximately RMB 70/ton-degree, the price of molybdenum oxide increased by approximately RMB 80/ton-degree, and the price of ammonium tetramolybdate increased by approximately RMB 1,000/ton.

Against the background of continuously tight raw material supply and good downstream demand, most industry participants expect that the short-term market may continue to maintain a relatively strong operation. At present, industry participants are mainly focusing on downstream inquiry conditions and the shipment dynamics of mining enterprises.

On the molybdenum concentrate market, affected by the price increase for shipments by mainstream molybdenum mining enterprises and the good enthusiasm for inquiries and purchases from ferromolybdenum manufacturers, the market atmosphere for holding back sales and expecting price increases was strong. On August 19, the transaction prices of 810 tons of molybdenum concentrate from a mine in Henan were in the range of RMB 5,450/ton-degree to RMB 5,480/ton-degree.

On the ferromolybdenum market, overall operations were under pressure with an upward trend. Under the contradiction between the significant rise in molybdenum concentrate prices and the strong sentiment of steel enterprises to suppress ferromolybdenum procurement prices, intermediate smelting enterprises slightly raised their quotations to avoid the risk of cost-revenue inversion.

On the molybdenum chemical and its products market, with end customers basically maintaining rigid demand and holders having low willingness to reduce prices for shipments, product prices were mainly adjusted according to fluctuations in raw material prices.

In terms of news, according to monitoring by the China Iron and Steel Association, in July 2026, the average value of the China Steel Price Index (CSPI) was 91.75 points, decreased by 1.55 points month-on-month, down 1.67%; decreased by 1.04 points year-on-year, down 1.12%. Among them, the average value of the CSPI long product index was 92.59 points, decreased by 2.24 points month-on-month, down 2.36%; decreased by 2.22 points year-on-year, down 2.35%. The average value of the plate index was 90.60 points, decreased by 1.18 points month-on-month, down 1.28%; decreased by 0.50 points year-on-year, down 0.55%. As of the end of July 2026, the CSPI was 91.07 points, decreased by 1.50 points month-on-month, down 1.62%; decreased by 0.80 points from the end of the previous year, down 0.87%; decreased by 4.80 points year-on-year, down 5.01%.

Price of molybdenum products on August 20, 2026

Image of molybdenum bar

Follow our WeChat to know the latest tungsten price, information and market analysis.

• < Prev
• Next >