- China’s prices rise modestly on production limitations
- LME molybdenum prices inch up by $0.36/lb w-o-w
Indian ferro molybdenum prices remained stable compared to the previous assessment on 27 August, supported by regular supply levels and steady demand.
As per BigMint’s assessment on 3 September, ferro molybdenum prices in India were at INR 3,100,000/t ($35,205/t) exw.
Market summary (28 August-2 September 2025)
Domestic market remains stable: The market saw limited trading during the week, remaining stable with no major price fluctuations noted. Steady consumption and consistent supply supported overall market stability.
Global prices rise: Ferro molybdenum (Mo:60%) prices in China increased by RMB 7,000/t ($980/t) w-o-w to RMB 294,500/t ($41,249/t) exw-Inner Mongolia. On the supply side, the availability of lower domestic ore grades and stricter environmental regulations limited production volumes, while overseas output fluctuated, with some mines under maintenance.
On the demand side, stainless steel and special steel production increased, as steel procurement remained stable, and demand from new energy and defence sectors improved.
Additionally, in the US and Europe (Mo:70%), prices edged up by $1.4/kg w-o-w to $60/kg and $59/kg, respectively.
LME prices inch up w-o-w: On the London Metal Exchange (LME), molybdenum futures rose $0.36/lb w-o-w to $25.6/lb on 2 September, compared to $25.24/lb on 26 August.
Outlook
In the near term, prices will likely remain stable, unless there are disruptions in supply or changes in demand from end-users.
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