Molybdenum increased 89.89 CNY/Kg or 22.05% since the beginning of 2024, according to trading on a contract for difference (CFD) that tracks the benchmark market for this commodity. Historically, Molybdenum reached an all time high of 910 in March of 2023.

Molybdenum is expected to trade at 481.29 CNY/Kg by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate it to trade at 442.38 in 12 months time.



Price Day Month Year Date
Coal 146.60 0.50 0.34% 14.35% -13.59% May/07
Bitumen 3,646.00 4.00 0.11% -4.53% -0.65% May/08
Cobalt 27,830.00 0 0% -2.52% -20.33% May/07
Lead 2,238.00 -12.00 -0.53% 3.56% 4.97% May/08
Aluminum 2,547.50 -21.50 -0.84% 3.56% 9.81% May/08
Tin 32,593.00 610 1.91% 9.20% 25.38% May/07
Zinc 2,915.50 -31.50 -1.07% 7.60% 9.03% May/08
Nickel 18,900.00 -236 -1.23% 3.74% -19.26% May/08
Molybdenum 497.50 2.50 0.51% 9.34% -8.93% May/08
Palladium 959.50 -16.00 -1.64% -12.61% -38.90% May/08
Gallium 2,225.00 0 0% 4.71% 25.35% May/08
Germanium 9,650.00 0 0% 1.58% 3.49% May/08
Manganese 38.75 0 0% 28.10% 21.09% May/08
Indium 2,875.00 0 0% 41.98% 92.31% May/08
Soda Ash 2,050.00 0 0% 7.89% -21.15% May/07
Neodymium 495,000.00 0 0% 4.21% -12.39% May/08
Tellurium 595.00 0 0% 0% -0.83% May/08
Rhodium 4,715.00 0 0% -0.21% -42.50% May/02


Molybdenum
Molybdenum is a silvery metal with the sixth-highest melting point of any element, it can withstand extremely high temperatures and is highly resistant to corrosion. Molybdenum is mainly used as an alloying agent in stainless steel, and also in the manufacture of aircraft parts and industrial motors. The biggest producers of the metal are: China, United States, Chile, Peru and Mexico. Molybdenum Futures are available for trading in The London Metal Exchange (LME). The standard contact has a weight of 6 tonnes.
Actual Previous Highest Lowest Dates Unit Frequency
497.50 495.00 910.00 117.54 2005 - 2024 CNY/Kg Weekly