Molybdenum increased 21.50 USD/Kg or 91.49% since the beginning of 2021, 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 87 in September of 2005. Molybdenum - data, forecasts, historical chart - was last updated on October of 2021.

Molybdenum is expected to trade at 46.80 USD/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 52.66 in 12 months time.

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Molybdenum


Price Day Month Year
Coal 228.50 -3.50 -1.51% 26.94% 293.97%
Bitumen 2,996.00 14.00 0.47% 1.56% 20.90%
Cobalt 56,545.00 0 0% 5.93% 69.78%
Lead 2,428.00 -25.50 -1.04% 14.27% 35.11%
Aluminum 2,906.00 -17.25 -0.59% -1.72% 57.70%
Tin 37,475.00 225.00 0.60% 5.41% 103.53%
Zinc 3,454.75 25.25 0.74% 11.75% 35.53%
Nickel 20,022.00 -1,024.00 -4.87% 4.09% 26.85%
Molybdenum 45.00 0 0% -2.70% 117.39%
Palladium 2,040.37 23.70 1.18% 2.86% -14.74%
Gallium 1,985.00 0 0% 3.12% 58.80%
Germanium 8,900.00 50.00 0.57% 2.89% 26.24%
Manganese 35.50 0 0% 2.90% 20.34%
Indium 1,600.00 0 0% -5.88% 25.49%
Soda Ash 3,550.00 0 0% 39.90% 88.50%
Neodymium 797,500.00 0 0% 1.92% 81.25%
Tellurium 490.00 -5.00 -1.01% -5.77% 13.29%
Iron Ore 62% fe 122.89 -0.60 -0.49% 1.79% 1.28%
Rhodium 14,000.00 0 0% 2.19% -4.76%


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.