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Molybdenum Reference Rate — 10-Day Trend
All prices in ₹ per gram · daily rate, updated once per day
A Major Molybdenum Supplier With Zero Dedicated Mines
Chile is the world's largest copper producer, and that same geology — massive porphyry copper deposits — happens to carry molybdenum right alongside the copper. Large-scale Chilean copper operations recover that molybdenum as a byproduct, making the country a significant molybdenum supplier without a single mine built to target molybdenum specifically. Today's reference rate is ₹8.10 per gram on September 17, 2026.
- Chile's role: world's largest copper producer, major molybdenum byproduct source
- Mechanism: molybdenum recovered from the same porphyry ore as copper
- Contrast: no dedicated molybdenum mines needed
Molybdenum Reference Rate by Weight
Today's Molybdenum rate is Eight Rupees per gram. At this rate, 10 grams of Molybdenum costs Eighty One Rupees.
| Unit | Weight | Price (INR) | Price in Words |
|---|---|---|---|
| 1 Gram | 1.0000 g | ₹8.10 | Eight Rupees |
| 8 Grams | 8.0000 g | ₹64.82 | Sixty Five Rupees |
| 10 Grams | 10.0000 g | ₹81.03 | Eighty One Rupees |
| 100 Grams | 100.0000 g | ₹810.27 | Eight Hundred and Ten Rupees |
| 1 Kilogram | 1,000.0000 g | ₹8,102.69 | Eight Thousand One Hundred and Three Rupees |
| 1 Ounce (oz) | 28.3495 g | ₹229.71 | Two Hundred and Thirty Rupees |
| 1 Troy Ounce | 31.1035 g | ₹252.02 | Two Hundred and Fifty Two Rupees |
| 1 Metric Ton | 1,000,000.0000 g | ₹8,102,687.00 | Eighty One Lakh Two Thousand Six Hundred and Eighty Seven Rupees |
Two Genuinely Different Supply Models, One Global Market
Climax Molybdenum's Colorado operations represent one model: dedicated mines built to target molybdenum directly, responding to molybdenum's own price and demand. Chile's copper mines represent the opposite: molybdenum output that follows copper-mining decisions entirely, with molybdenum itself never factoring into whether a mine ramps up or slows down. Both models feed the same global molybdenum market, but they respond to completely different price signals.
A hidden transmission channel between two metals
Because so much molybdenum comes from Chilean copper byproduct, a purely copper-driven event — a labor dispute, a drought affecting water-intensive mining operations, a change in Chilean mining policy — can shift global molybdenum supply even though the news never mentions molybdenum at all. That's a real, underappreciated link worth knowing about for anyone trying to understand a molybdenum price move that seems to come from nowhere.
| Model | Example | Responds To |
|---|---|---|
| Dedicated primary mining | Climax Molybdenum (Colorado) | Molybdenum's own price and demand |
| Copper-mining byproduct | Chilean porphyry copper mines | Copper mining economics |
Molybdenum Reference Rate — Last 10 Days
The most recent Molybdenum price on record (2026-09-17) is Eight Rupees per gram. This is up by Less than One Rupees from the previous day's rate of ₹8.09.
| Date | Price (INR/g) | Change |
|---|---|---|
| 2026-09-17 | ₹8.10 | +0.02 |
| 2026-09-16 | ₹8.09 | +0.04 |
| 2026-09-15 | ₹8.04 | +0.01 |
| 2026-09-14 | ₹8.03 | +0.01 |
| 2026-09-13 | ₹8.02 | +0.00 |
| 2026-09-12 | ₹8.02 | +0.00 |
| 2026-09-11 | ₹8.02 | 0.00 |
| 2026-09-10 | ₹8.02 | +0.04 |
| 2026-09-09 | ₹7.98 | +0.03 |
| 2026-09-08 | ₹7.95 | — |
Where This Leaves Global Molybdenum Supply Overall
Global molybdenum supply ends up as a blend of dedicated primary production (Climax and similar operations elsewhere) and copper-mining byproduct output (Chile prominent among several countries with large porphyry copper deposits). That mixed structure means molybdenum's price responds to both molybdenum-specific dynamics and copper-industry conditions simultaneously — a genuinely more complex supply picture than a metal with one clean production model.
The comparison table and 10-day history above track molybdenum's own price trend. For a longer view, the site's own molybdenum price history page holds real recorded data by year and month.
Chile Molybdenum — Common Questions
Chile's massive porphyry copper deposits — the same geological ore bodies behind its status as the world's largest copper producer — naturally contain molybdenum alongside copper. Large-scale copper mining and processing operations there recover that molybdenum as a byproduct, without needing any mine built specifically to target it.
Indirectly, yes — Chilean copper mines produce molybdenum according to copper-mining economics and ore processing rates, not molybdenum's own price. If a mine slows copper production for reasons entirely unrelated to molybdenum, its molybdenum byproduct output slows too.
It's the structural opposite. Climax Molybdenum, a Freeport-McMoRan subsidiary, runs dedicated primary molybdenum mines in Colorado that respond to molybdenum's own market. Chilean copper mines produce molybdenum as an incidental byproduct, responding to copper economics instead — two genuinely different supply models feeding the same global molybdenum market.
Yes, in a way that's easy to overlook — a change in Chilean copper mining activity, driven by a copper-specific event, can shift global molybdenum supply even though the headline never mentions molybdenum at all. This byproduct link is a real, if underappreciated, transmission channel between the two metals' markets.
No — copper-mining byproduct molybdenum comes from multiple countries with large porphyry copper deposits, though Chile's scale as the world's leading copper producer makes it a particularly significant source within that broader pattern.
