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Recent Molybdenum Price Movement — 10-Day Trend
All prices in ₹ per gram · daily rate, updated once per day
Looking at Molybdenum's Price Trend, Not Just Today's Number
Today's molybdenum rate is ₹8.10 per gram, about ₹8,102.69 per kilogram, as of September 17, 2026. A single figure like that is a snapshot. The more useful question for anyone actually planning around molybdenum — a steel buyer, a trader, an investor looking at mining equities — is where that number sits relative to where it's been.
This page keeps that discussion qualitative on purpose. For exact recorded prices by month and year, the dedicated year-by-year history page holds the real data — this page is about understanding what drives the trend, not restating numbers that live better in a table.
Today's Reference Point, 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 |
The Two Forces Behind Molybdenum's Long-Run Trend
Steel demand is the biggest single driver over any meaningful stretch of time. Molybdenum's core job is improving the strength, hardness, and corrosion or heat resistance of high-strength and stainless steels used in pipelines, industrial machinery, and specialty steel products — so when global steel production cycles up or down, molybdenum demand tends to follow with it.
A supply side that doesn't behave like a typical single-commodity metal
The other half of the story is supply, and it's genuinely unusual. A large share of the world's molybdenum comes out of the ground as a byproduct of copper mining, alongside dedicated primary molybdenum mines that exist as their own operations. Byproduct supply from copper mines doesn't respond neatly to molybdenum's own price signals — a copper miner keeps producing based on copper economics, and whatever molybdenum comes with it enters the market regardless. That mismatch between demand, which tracks steel, and a meaningful chunk of supply, which tracks a completely different metal's economics, is part of what shapes molybdenum's price history over the medium and long term.
Molybdenum Price — 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 | — |
How to Actually Use This Trend
If you're trying to make sense of where molybdenum has been, the honest approach is to separate the steel-demand story from the byproduct-supply story and watch both. A period of strong industrial and construction activity, feeding steel demand, tends to support molybdenum prices. A wave of new copper-mine capacity coming online, even for reasons that have nothing to do with molybdenum itself, can add supply that weighs on the price regardless of how steel demand is doing.
Neither story moves in isolation, and neither one alone explains the full pattern. That's the honest takeaway from molybdenum's price history — it's a metal shaped by two different industries' decisions, which makes it a more layered story than a metal with a single, clean demand driver.
Molybdenum Price History — FAQs
This page discusses the trend qualitatively. For exact day-by-day and month-by-month figures for a given year, use the dedicated molybdenum price history for 2026 page, which pulls the real recorded data rather than a summary.
Like most industrial metals tied to steel demand, molybdenum has gone through cycles of higher and lower pricing tied to broader industrial activity and steel production levels. Specific historical price levels aren't reproduced here — check the year-by-year history page for the actual recorded figures.
Because steel alloying is molybdenum's dominant end use. When global steel production — particularly high-strength and stainless grades — expands or contracts, demand for the molybdenum that goes into it tends to move with it, which shows up in the historical price pattern over time.
It can. Because a meaningful share of global molybdenum comes out of copper mines as a byproduct, copper-mining investment cycles and copper-specific supply decisions have historically had some influence on how much molybdenum reaches the market, independent of molybdenum's own demand picture.
Today, September 17, 2026, molybdenum is at ₹8.10 per gram, or roughly ₹8,102.69 per kilogram.
