In May 2026, the price trend of molybdenum products was first rising then falling, with prices generally higher at the end of the month than at the beginning of the month. In May, the average price of molybdenum concentrate was RMB 5,026/ton-degree, an increase by 9.81% month-over-month; the average price of molybdenum iron was RMB 318,632/ton, an increase by 9.10% month-over-month; the average price of molybdenum oxide was RMB 5,125/ton-degree, an increase by 9.58% month-over-month; the average price of heptamolybdate ammonium was RMB 310,000/ton, an increase by 7.66% month-over-month; the average price of molybdenum powder was RMB 590/kg, an increase by 8.46% month-over-month.
