𝐏𝐫𝐢𝐜𝐞 𝐖𝐚𝐭𝐜𝐡™ provides price assessments for Molybdenum across top trading regions:
Asia-Pacific
- Molybdenum FeMo(Mo-60%min.) Ex Shanghai, China
- Molybdenum FeMo(Mo-60%min.) Ex Mumbai, India
North America
- Molybdenum FeMo(Mo-65%min.) Del Alabama, USA
Europe
- Molybdenum FeMo(Mo-65%min.) FD Rotterdam, Netherlands
Note: In assessments structured as CIF [Importing Port] (Exporting Country), the country mentioned in brackets indicates the primary origin of supply (exporting country), while the named port refers to the destination port in the importing country. Other Incoterms (FOB, FD, EXW, etc.) should be interpreted in accordance with standard international trade definitions.
Molybdenum Price Trend Q4 2025
The inventory of molybdenum continues to grow as Q4 2025 provides evidence that this increase has been supported by continued increase in demand and continued strong fundamentals. Continued growth of stainless steel and alloys in China resulted in continued increases in demand for molybdenum; while in India, a slight softness in demand occurred due to slowing domestic steel production. European manufacturers continued to purchase high-performance materials from the Netherlands, which contributed to higher prices throughout Europe relative to other regions. The USA market has been continuing to experience strong demand for molybdenum products in aerospace, energy and industrial applications. Throughout all of these regional variations negatively affecting price developments, however, the molybdenum market maintained overall bullish sentiment through Q4 2025.
China: Molybdenum Domestic traded prices Ex Shanghai, China; Grade- FeMo(Mo-60%min.)
Compared to Q3, the Molybdenum price trend in China increased by 4.79% in Q4 2025. The increase in prices followed steady demand for molybdenum from stainless steel customers; welding; and industrial manufacturers but at a slower rate than earlier quarters. Continued production of steel, mainly for high-strength and corrosion-resistant alloys, also supported molybdenum consumption, along with stable operating rates among domestic producers helped keep supply balanced. Nevertheless, cautious procurement activity by downstream buyers; sufficient availability of molybdenum in the spot market; and a general softness in broader economic sentiment limited greater increases during the quarter. Molybdenum prices in China saw a decline of 7.18% in December 2025, reflecting year-end adjustments to inventory levels, decreased purchasing from steel mills and reduced trading activity due to seasonal slowness.
India: Molybdenum Domestic traded prices Ex Mumbai, India; Grade- FeMo(Mo-60%min.)
The Molybdenum price trend in India fell by 2.00% in Q4 2025 compared to Q3, marking a correction following strong gains experienced during the previous quarter. This decline has primarily been caused by weaker demand for molybdenum products from the downstream sectors of stainless steel, alloying, and metallurgy, as well as limited local procurement activity due to tentative year-end purchases and balanced inventories. Easing international price momentum and improved global supply availability gave reduced levels of import cost pressure, which acted to limit upside price support on the domestic market. While infrastructure and industrial manufacturing continued to be stable, their activity levels have been low enough to render the previous bullish momentum unsustainable. Prices of molybdenum in India fell by a more dramatic 7.96% in December 2025. The principal factors behind this price decline have been continued weak buying interest, decreasing trading volumes, and the typical year-end slowdown across most industrial sectors. Market participants employed a wait and see attitude and traders adjusted their offer prices to encourage the completion of transactions where inquiries were weak.
USA: Molybdenum Domestic traded prices Del Alabama, USA; Grade- FeMo(Mo-65%min.)
In Q4 2025, molybdenum prices trend in the USA increased by 3.96% compared to Q3, supported by sustained demand from the stainless steel, aerospace, defense, and energy sectors, where consumption of high-performance alloys remained firm despite seasonal fluctuations. The quarterly rise was driven by tight global concentrate availability, disciplined output from major mining operations, and steady downstream procurement, particularly in specialty steel and superalloy manufacturing. Elevated energy and processing costs, along with balanced domestic supply and improved export inquiries, further strengthened producer pricing power during the quarter. However, in December 2025, Molybdenum prices in the USA recorded a slight decline of 0.36% compared to November, primarily due to year-end inventory adjustments, softer spot purchasing, and temporary demand slowdowns typical of the holiday period. Overall, the U.S. molybdenum market maintained positive momentum throughout Q4, with firm industrial fundamentals offsetting minor seasonal corrections and supporting a stable outlook heading into early 2026.
Netherlands: Domestically Traded Molybdenum FeMo(Mo-65%min.) prices FD Rotterdam, Netherlands
In Q4 2025, molybdenum prices trend in the Netherlands incline by 3.67% compared to Q3, supported by steady demand from the stainless steel, engineering, and energy sectors, along with continued recovery in European manufacturing and infrastructure projects. Tight global supply, including limited concentrate availability and export restrictions from major producers such as China, kept import costs firm and added upward pressure on prices. Molybdenum prices in the Netherlands increased by 1.05% in December 2025, driven by seasonal restocking, steady industrial activity, tighter regional inventories, and persistent supply constraints. Overall, the Netherlands’ molybdenum market maintained a cautiously optimistic tone, with balanced supply-demand dynamics underpinning a moderate upward trajectory throughout the quarter.



