In March 2026, molybdenum prices trend in China was stable. The average price of molybdenum concentrate was RMB 4,433/ton-degree, an increase of 5.22% month-on-month; the average price of molybdenum iron was RMB 283,500/ton, an increase of 4.00% month-on-month; the average price of molybdenum oxide was RMB 4,533/ton-degree, an increase of 5.30% month-on-month; the average price of sodium molybdate was RMB 202,000/ton, an increase of 5.98% month-on-month; the average price of ammonium molybdate was RMB 283,000/ton, an increase of 6.47% month-on-month; and the average price of molybdenum powder was RMB 535/kg, an increase of 6.57% month-on-month.