Molybdenum Prices Australia

It seems molybdenum prices have increased slightly from the beginning of the year, when the price was 13.6 USD/lb until now with a current price of 14.52 USD/lb. The price is very low compared to five years ago when Molybdenum reached a peak of approximately 34 USD/lb.

However, since 2009 the price has remained under 20 dollars per pound. There was a very low moment of 13.2 USD/lb in October, but since then there is a rather slow but steady increase. Nevertheless, the recent increase remains within the range and trends molybdenum prices have had in the last three years.