India: Ferro molybdenum prices jump 19% w-o-w on global oxide rally
Indian ferro molybdenum (Mo 60%) prices rose sharply by INR 600,000/t ($6,613/t) w-o-w to INR 3,800,000/t ($41,885/t) exw-India on 13 Feb'26 due to spike in molybdenum oxide prices, particularly in the US, where production outage at one key plant tightened supply, pushed prices higher and lifted import costs. Following this, Indian producers revised prices upward, although buyers maintain a cautious approach.