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Molybdenum

MO · Minor & Specialty Metals · LME · Quoted in USD/lb
26.80 USD/lb
-0.250 (-0.92%) today
· CI Indication

Origin markets

Origin spread 0.700 USD/lb

Benchmark: Molybdenum oxide, dealer (Europe). The same tonne prices differently by origin — freight, quality, sanctions and policy set the differential. Deep dive

OriginBasisPricevs benchmarkMarket note
🌐
Dealer oxide (Europe)
Global · reference
Dealer26.80BenchmarkRoasted molybdenum oxide dealer price
🇨🇳
China (FOB)
China · top producer
FOB27.20
+0.400 (+1.5%)stable
Primary mines plus export tax
🇺🇸
US (Climax/Henderson)
USA · primary + byproduct
Domestic27.00
+0.200 (+0.7%)stable
Primary and copper-byproduct supply
🇨🇱
Chile (byproduct)
Chile · copper byproduct
FOB26.50
-0.300 (-1.1%)stable
Copper-mine byproduct; price-taker

Differentials are indicative desk assessments over the live benchmark — 90-day spread trend shown per origin.

Track physical flows on the live vessel map →
Open
27.05
Day High
26.99
Day Low
26.54
Prev Close
27.05
1W
+1.55%
1M
-0.11%
1Y
+10.97%
5Y
-12.48%
Exchange
LME

6-month range

Annualised volatility 10%
Low 21.02Now 26.80 · 34%High 37.92

Forward curve

Indicative term structure · Contango

Spot
26.80
USD/lb
3M
27.03
+0.86%
6M
27.14
+1.27%
12M
27.43
+2.35%
18M
27.89
+4.07%
24M
28.30
+5.60%

In other units

Converted from 26.80 USD/lb · indicative FX

USD/kg
59.08
USD/t
59,083.82
EUR/lb
24.66
CNY/lb
194.30

About Molybdenum

Molybdenum is traded in the minor & specialty metals segment, with price discovery referenced against LME. The chart above shows the trailing indicative price path. Physical parcels of Molybdenum can be sourced or placed through the Off Market desk, listed openly on the Marketplace, or intermediated by a specialist broker.

Minor & Specialty MetalsLMEUSD/lb-0.92% today
Top producers
1. China2. Chile3. USA4. Peru
Principal uses
  • Steel alloying
  • Catalysts
  • Lubricants