According to Chinatungsten Online, in June 2023, the price trend of molybdenum strips first stabilized, then dropped and rose again, with an average price of 510 yuan/kg, up about 4.72% YoY and up about 42.06% YoY. In the first half of 2023, the average price of molybdenum strips in China was 549 yuan/kg, up about 57.31% YoY. In the second quarter of 2023, the average price of molybdenum strips in China was 478 yuan/kg, down about 23.76% YoY and up about 36.96% YoY. year-over-year increase of approximately 36.96%.
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