[SMM Analysis] Supply Shocks Support High Molybdenum Prices Downstream Pressure Restricts Upside
SMM May 15 News:
In May 2026, the global molybdenum market remained in a persistently tight supply-demand pattern, with prices extending and accelerating the upward trend seen in April. International molybdenum oxide prices kept surging at high levels, while domestic molybdenum concentrate and ferromolybdenum prices repeatedly hit new stage highs.