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Molybdenum Price — 10-Day Trend
All prices in ₹ per gram · daily rate, updated once per day
Two Real Supply Routes, Not Just One
Molybdenum, priced at ₹8.10 per gram today, September 17, 2026, has a supply story that's genuinely more varied than most of the lesser-known metals this site tracks. Unlike a pure byproduct metal such as tellurium or rhodium, molybdenum reaches the market two real ways: mined directly at dedicated molybdenum mines, and recovered as a byproduct from large copper porphyry deposits that naturally contain it.
- Major producing countries: China, Chile, the United States, Peru
- Primary mining: dedicated molybdenum-focused operations, led by China
- Byproduct route: large copper mines, particularly in Chile and Peru
Molybdenum Reference Value, 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 |
Why Copper Mines Produce Molybdenum Too
Many of the world's large copper porphyry deposits — the geological formation typical of major mines across Chile, Peru, and the southwestern United States — naturally carry molybdenum in the same ore body as the copper. Once that rock is already being crushed and processed to extract copper, recovering the molybdenum alongside it is a genuinely efficient addition to the process rather than a separate mining effort.
What that means for supply behavior
This dual-route structure gives molybdenum a partial cushion that pure byproduct metals don't have. Even if copper mining economics shift for reasons that have nothing to do with molybdenum demand, dedicated primary molybdenum mines can still respond more directly to molybdenum's own price and to steel-industry demand — the relationship covered on the site's what is molybdenum used for page.
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 | — |
From Mine to Steel Mill
Once mined or recovered, molybdenum is typically converted into ferromolybdenum — a standard iron-molybdenum alloy — before it ever reaches a steelmaker. That's the practical, industry-normal form in which molybdenum actually gets added during steel production, rather than steelmakers working with pure molybdenum metal directly. It's a supply chain built specifically to serve one dominant end use, which the site's molybdenum vs copper page explores further from the mining-economics side.
Molybdenum Supply — FAQs
China, Chile, the United States, and Peru are the major producing countries. China leads on primary molybdenum mining, while Chile's output leans heavily on copper-mine byproduct recovery given its scale as a copper producer.
Both, genuinely. Molybdenum is mined as a primary target at some dedicated molybdenum mines, and it's also recovered as a byproduct from large copper porphyry deposits that naturally contain molybdenum alongside the copper. That dual supply model is unusual — several other lesser-known metals this site tracks, like tellurium or rhodium, are almost entirely byproduct-only.
Many of the large copper porphyry ore deposits mined around the world — the type common in Chile, Peru, and the southwestern United States — naturally contain molybdenum in the same rock. Processing the ore for copper makes it economical to also recover the molybdenum rather than discard it.
Partly. The share of global molybdenum that comes from copper-mine byproduct output is genuinely tied to copper mining economics and copper mine output decisions — separate from the dedicated primary molybdenum mines, which respond more directly to molybdenum's own price and steel-industry demand.
It is typically converted into ferromolybdenum — a standard iron-molybdenum alloy — before being sold to steel producers, who add it during the steelmaking process rather than working with pure molybdenum metal directly.
