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Molybdenum
MO · Minor & Specialty Metals · LME · Quoted in USD/lb
23.13 USD/lb
+1.488 (+6.87%) vs prior
Annual avg, USGS Mineral Commodity Summaries 2026, 2025
Annual averages · from 2021-12-31
Origin markets
Benchmark: Molybdenum oxide, dealer (Europe). The same tonne prices differently by origin — freight, quality, sanctions and policy set the differential. Deep dive →
| Origin | Basis | Market note |
|---|---|---|
🌐 Dealer oxide (Europe) Global · reference | DealerBenchmark | Roasted molybdenum oxide dealer price |
🇨🇳 China (FOB) China · top producer | FOB | Primary mines plus export tax |
🇺🇸 US (Climax/Henderson) USA · primary + byproduct | Domestic | Primary and copper-byproduct supply |
🇨🇱 Chile (byproduct) Chile · copper byproduct | FOB | Copper-mine byproduct; price-taker |
Origin notes are qualitative context. Dollar differentials are not shown, because no public differential series is attached.
Track physical flows on the live vessel map →Open
21.65
Range high
23.13
Range low
21.65
Prev Close
21.65
1W
—
1M
—
1Y
-6.11%
5Y
—
Exchange
LME
6-month range
Annualised volatility 15%Low 16.16Now 23.13 · 82%High 24.64
In other units
Converted from 23.13 USD/lb · indicative FX
USD/kg
51.00
USD/t
50,999.98
EUR/lb · FX conversion, not an exchange quote
21.28
CNY/lb · FX conversion, not an exchange quote
167.72
About Molybdenum
Molybdenum is traded in the minor & specialty metals segment. The series on this page is the named public source, not a live feed. 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+6.87% vs prior
Top producers
1. China2. Chile3. USA4. Peru
Principal uses
- Steel alloying
- Catalysts
- Lubricants