According to Chinatungsten Online, the price of molybdenum oxide in June 2023 was stable and then declined and rose again, with an average price of RMB3,913 per tonne, up 9.73% YoY and 39.01% YoY. In the first half of 2023, the average price of molybdenum oxide in China was RMB4,188 per tonne, up 52.46% YoY; in the second quarter of 2023, the average price of molybdenum concentrate in China was RMB3,532 per tonne, down 28.12% YoY and up 23.11% YoY. The average price of molybdenum concentrate in China in the second quarter of 2023 was RMB3,532 per tonne, down approximately 28.12% YoY and up approximately 23.11% YoY.
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