Molybdenum increased 94.89 CNY/Kg or 23.28% since the beginning of 2024, according to trading on a contract for difference (CFD) that tracks the benchmark market for this commodity. Historically, Molybdenum reached an all time high of 910 in March of 2023.
Molybdenum is expected to trade at 439.85 CNY/Kg by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate it to trade at 397.35 in 12 months time.