SMM May 15 News: In May 2026, the global molybdenum market remained in a persistently tight supply-demand pattern, with prices extending and accelerating the upward trend seen in April. International molybdenum oxide prices kept surging at high levels, while domestic molybdenum concentrate and ferromolybdenum prices repeatedly hit new stage highs.

[SMM Data: Complete Summary of SMM March 2026 Import and Export Data] SMM March 2026 import and export data showed: copper cathode net imports were down YoY; primary aluminum imports reached 255,000 mt, up 14.8% YoY; refined lead imports climbed sharply; zinc ingot imports were up 220% MoM; tin ore imports were up 122% YoY; silver imports were up 93% MoM; steel exports rebounded MoM; PV module export value was up 122.7% MoM; silicon metal exports were up 43% MoM, and magnesium exports hit a multi-year high. Among new energy materials, exports of LiPF6 and artificial graphite surged significantly.

SMM April 15th News Since April, the domestic molybdenum market has fluctuated at a high level. Demand in the downstream stainless steel and special steel markets has remained steady, and the total volume of steel tenders for ferromolybdenum has increased year on year.

[Molybdenum Oxide Import and Export Information] SMM News, March 21: Customs data showed that China imported 2,629 mt of molybdenum oxide (physical content) in February 2026, up 386.78% YoY and up 28.12% MoM. Cumulative imports of molybdenum oxide in January-February totaled 4,680 mt (physical content), up 427.03% YoY. In February 2026, China exported 689 mt of molybdenum oxide (physical content), down 43.96% YoY and down 32.2% MoM. Cumulative exports of molybdenum oxide in January-February totaled 1,706 mt (physical content), down 25.90% YoY.

SMM, February 24: During the holiday period, trading in the domestic molybdenum market was scarce, and the market entered a closed state. The international molybdenum oxide price surged and then retreated. Before the holiday, stimulated by the sudden accident at a U.S. molybdenum enterprise and the earlier production cut news from Chilean copper-molybdenum mines, the international molybdenum oxide price briefly hit a high of 36 USD/lb Mo.

[ SMM Molybdenum Daily Review: Overseas Molybdenum Market Rose, Coupled With Increased Stocking Demand From Domestic Steel Mills, Molybdenum Market Increased ] SMM February 4 News: Today, the domestic molybdenum market rebounded slightly. The international molybdenum oxide market held up well, boosting domestic market sentiment. On February 3, a mine in Yunnan auctioned molybdenum concentrate, with the final transaction price rising to 4,115 yuan/mtu, driving up the center of spot order negotiations in the domestic market. Today, prices of major domestic molybdenum products, including molybdenum concentrate, ferromolybdenum, and molybdenum chemicals, generally rose, and market trading sentiment was active.