Data: SHFE, DCE market movement (Aug 20)

Mongolia’s National Statistics Office reported September 2026 molybdenum concentrate output of 418.2 tonnes under the table’s contained-metal reporting basis, up 9.5% from August but down 13.3% from a year earlier. SMM calculates January–September output at 4,090.7 tonnes, up 6.4% year on year, with cumulative growth slowing from 9.2% in January–August. September output increased by 36.2 tonnes month on month but remained 64.1 tonnes below September 2025. The official table provides no company-level breakdown, so the operational drivers cannot yet be confirmed.

Latest data from Counterpoint Research's Market Monitor show that global smartphone shipments fell 19% year on year in Q3 2026, though revenue rose 3% to $114 billion, supported by higher average selling prices. Driven by a richer mix of premium models and industry-wide price increases tied to memory costs, the global smartphone ASP climbed 27% year on year to $442, a quarterly record.