---
title: "Molybdenum prices have risen by over 20% in the past four months, and there may still be room for further increases"
type: "News"
locale: "en"
url: "https://longbridge.com/en/news/250035093.md"
description: "Molybdenum prices have risen by more than 20% in the past four months, mainly due to its widespread applications in aerospace engines, high-temperature alloys, CPU and GPU heat sinks, among others. According to Shanghai Steel Union, the price of molybdenum concentrate has reached 4,005 yuan/ton, an increase of 23.4% from the year's low. The price of ferromolybdenum has also risen to 253,000 yuan/ton, with an increase of 23.9%. Due to limited new domestic molybdenum mining capacity and tight supply, molybdenum prices may continue to rise in the future"
datetime: "2025-07-24T22:36:10.000Z"
locales:
  - [zh-CN](https://longbridge.com/zh-CN/news/250035093.md)
  - [en](https://longbridge.com/en/news/250035093.md)
  - [zh-HK](https://longbridge.com/zh-HK/news/250035093.md)
---

# Molybdenum prices have risen by over 20% in the past four months, and there may still be room for further increases

Due to its high melting point, density, strength, and excellent electrical and thermal conductivity, molybdenum is used in high-temperature alloy components of aircraft engines, heat sinks for CPUs and GPUs, and military industries, earning it the titles of "war metal" and "industrial vitamin." Since the price increase began in April 2025, the price of molybdenum concentrate in Henan has continued to rise. According to data from Shanghai Steel Union, the local price of molybdenum concentrate reached 4,005 yuan/ton on July 24, an increase of 23.4% from the year's low. During the same period, the price of ferromolybdenum also rose to 253,000 yuan/ton, with an increase of 23.9%. In the capital market, molybdenum resource stocks responded strongly, with JDCMOLY hitting the daily limit, and CMOC and Guocheng Mining rising by 4.44% and 4.89% respectively during trading. Interviewees indicated that the new production capacity of domestic molybdenum mines is limited, leading to tight supply, and there may still be room for further price increases in molybdenum

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