【Flash | Peru’s Molybdenum Concentrate Exports Slide 22% as China-Bound Shipments Shrink】

Published: Oct 22, 2026 16:34 (GMT+8)

Save

Peru exported 5,555.7 tonnes of unroasted molybdenum concentrate in August 2026, down 21.6% MoM and 16.7% YoY, according to official trade data compiled by SMM. Chile remained the largest destination at 2,440.7 tonnes, followed by the US at 1,356.5 tonnes and China at 1,271.0 tonnes. Shipments to China fell 41.5% YoY, while those to the US rose 88.9%. January–August exports totaled 50,156.7 tonnes, down 2.8% YoY. Lower monthly shipments alone do not establish lower mine output.

Data Source Statement: Except for publicly available information, all other data are processed by SMM based on publicly available information, market communication, and relying on SMM's internal database model. They are for reference only and do not constitute decision-making recommendations.

For any inquiries or for more information, please contact: lemonzhao@smm.cn

For more information on how to access our research reports, please contact:service.en@smm.cn

Related News

9 mins ago

[Brief Comment on China Iron Ore] Iron ore prices in the Tangshan region are likely to consolidate on a subdued note

Iron ore concentrate prices in the Tangshan area edged up by 5 yuan, with the current ex-works price for 66% grade iron ore concentrates on a dry basis, tax inclusive, at 885-890 yuan/mt. Resources at mines and beneficiation plants remain relatively tight overall. However, steel mills have continued to post notable losses recently, and their overall desire to bargain down prices is relatively strong.

9 mins ago

20 mins ago

[SMM Steel]

[SMM Steel] Market feedback indicates that for Q235B HRC with specifications of 3.5*1500*C and a November shipment, the FOB selling price is $494/mt, with the port of shipment being Tianjin Port.

20 mins ago

22 mins ago

[SMM Steel]

[Sheets & Plates] Today, export prices for HRC and some other sheets & plates mostly fell $2/mt WoW, with HRC transaction prices concentrated in the $488-492/mt range. Some product offers have not yet been adjusted, but actual transaction prices allow for slight discounts from the quoted prices. As market prices declined, ex-China inquiry sentiment improved somewhat, and recent transactions in the Pakistan market have been reportedly good.

22 mins ago