What Are Molybdenum Oxide Prices On November 4, 2026?

Molybdenum oxide prices for November 4, 2026 moved up on all four published lines. Three of them are quoted per tonne-degree: industrial oxide at Mo above 51% stands at 5320-5350, chemical oxide at Mo 60% at 5230-5260, and high-solubility oxide at Mo above 56% at 5340-5370, each up 30. The fourth line, high-purity molybdenum trioxide, is quoted per tonne at 38-38.5 in RMB 10,000, up 0.3. What follows records the ranges as published, works through the unit that governs three of the four lines, and lists what to confirm before a lot is booked. How the oxide differs from vanadium pentoxide flake in alloy production is set out separately.

Table 1. Molybdenum oxide prices, November 4, 2026

Scope: the four lines published for molybdenum oxide, three quoted per tonne-degree and one per tonne. The source gives no tax treatment, delivery basis, delivery point or packing.

Note: a tonne-degree is one tonne of material at one percent contained molybdenum, so the price per tonne of material is the tonne-degree figure multiplied by the grade. At the published floors that gives 5320 x 51 = RMB 271,320 to 5350 x 51 = 272,850 per tonne for industrial oxide, 5230 x 60 = RMB 313,800 to 5260 x 60 = 315,600 for chemical oxide, and 5340 x 56 = RMB 299,040 to 5370 x 56 = 300,720 for high-solubility oxide. The trioxide line converts directly: 38 and 38.5 in RMB 10,000 are RMB 380,000 and RMB 385,000 per tonne, and the 0.3 movement is RMB 3,000 per tonne.

The unit is the first thing to settle, because three of the four lines cannot be read as a price per tonne. A tonne-degree quote fixes what the buyer pays for each percent of contained molybdenum in each tonne of material, so the per-tonne figure moves with the assay: a lot certified above the 51% floor carries proportionally more metal and is worth more per tonne than the floor conversion shows. That is why the grade column and the certificate matter as much as the price column, and why a quotation that names a price but not a grade cannot be ranked.

The four products are not four quality tiers of one commodity. Industrial oxide is the ordinary feed for ferromolybdenum and for steelmaking additions; the chemical line is contracted on a specified molybdenum content; high-solubility oxide is chosen where the oxide has to dissolve quickly in the melt; and high-purity trioxide is a refined product sold on purity, which is why it is the one line quoted per tonne.

Note also the difference between a floor and a stated content in the grade column. Mo above 51% and Mo above 56% set minimums, so the assay on the certificate can run higher and the per-tonne value rises with it; Mo 60% names a content, so the figure is priced against that number rather than against a range. Two quotations that look comparable on the tonne-degree line can therefore differ once the certificate is read.

All four lines rose on November 4, 2026, and the movements are recorded line by line.

• Industrial molybdenum oxide - up 30 to 5320-5350 per tonne-degree.
• Chemical molybdenum oxide - up 30 to 5230-5260 per tonne-degree.
• High-solubility molybdenum oxide - up 30 to 5340-5370 per tonne-degree.
• High-purity molybdenum trioxide - up 0.3 to 38-38.5 in RMB 10,000 per tonne.

The three tonne-degree lines moved by the same absolute amount, 30, which is 30 yuan on every tonne-degree traded. That is not the same as 30 yuan per tonne of material: on industrial oxide at the 51% floor the movement works out at 30 x 51 = RMB 1,530 per tonne, and on high-solubility oxide at the 56% floor at 30 x 56 = RMB 1,680 per tonne. The trioxide line moved 0.3 in RMB 10,000, which is RMB 3,000 per tonne.

That is a description of one date. No earlier or later assessment is used here, and no direction is carried forward from a single reading.

In relative terms the 30-unit move is about 0.6% of the lower end of each line, 0.56% on industrial, 0.57% on chemical and 0.56% on high-solubility. A small move on a tonne-degree base still turns into a visible per-tonne change once it is multiplied by the grade, which is why the two units should never be mixed in one comparison.

Seven items carry most of the commercial risk on a molybdenum oxide lot, and the price column settles none of them.

• Grade and molybdenum basis - a tonne-degree quote is meaningless without the assay it is applied to, so fix the guaranteed molybdenum content and how it is determined.
• Unit in writing - state whether the figure is per tonne-degree or per tonne of material, and convert explicitly in the contract rather than leaving the unit to be inferred.
• Impurity limits - oxide grades are bought on a specification, so agree the limits that matter to your process with the supplier and record them; the published assessment carries no limits of its own.
• Product type - industrial, chemical, high-solubility and high-purity trioxide behave differently in the melt, so name the type rather than only the molybdenum content.
• Packing and moisture - agree the packing form and the protection against moisture in storage and transit.
• Assay and documents - certificate of analysis per lot, the sampling method behind it, and the documents that travel with the shipment.
• Commercial terms - tax treatment, delivery basis and delivery point, quantity tolerance and inspection rights, all fixed before the price is locked.

How the oxide feeds the alloy chain, and how its price relates to ferromolybdenum, is discussed in the international molybdenum oxide price report.

Table 2. Molybdenum oxide price questions, November 4, 2026

• Three lines per tonne-degree - industrial oxide at 5320-5350, chemical at 5230-5260 and high-solubility at 5340-5370, each up 30.
• One line per tonne - high-purity molybdenum trioxide at 38-38.5 in RMB 10,000, up 0.3, which is RMB 3,000 per tonne.
• A tonne-degree price is not a per-tonne price - multiply by the grade, so industrial oxide at 51% reads RMB 271,320-272,850 per tonne.
• The 30 movement is worth RMB 1,530 per tonne on industrial oxide at its floor and RMB 1,680 on high-solubility oxide at 56%.
• Four products are four routes to the same element, so grade and specification decide the comparison, not the headline.

Send the product type, the guaranteed molybdenum content, the quantity, the packing and the delivery basis, and ZhenAn will come back with a quotation written against your specification rather than a list price. Reach us on WhatsApp: +86 15518824805 or by Email: market@zanewmetal.com.