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Molybdenum market update on May 12, 2025 At the start of the week, the domestic molybdenum market in China maintained stable operations, influenced by steady downstream demand, limited spot supply of raw materials, and news of China’s special operation to combat the smuggling and export of strategic minerals, leading suppliers to generally hold firm on pricing. Today, prices for molybdenum concentrate, ferromolybdenum, and molybdenum oxide are approximately 3,520 yuan/ton-degree, 229,000 yuan/ton, and 3,610 yuan/ton-degree, respectively. Recently, steel companies tendering for…

Molybdenum market update on May 8, 2025 The domestic molybdenum market in China maintains a relatively positive outlook, with high shipment initiative from molybdenum mining companies and concentrated ferromolybdenum tendering by steel companies driving stable product prices and decent market trading activity. Today, prices for molybdenum concentrate, ferromolybdenum, and molybdenum powder are approximately 3,500 yuan/ton-degree, 229,000 yuan/ton, and 418 yuan/kg, respectively. From the supply side: first, with stable weather conditions and favorable raw material prices, molybdenum mining companies are maintaining…

Molybdenum market update on May 7, 2025 The domestic molybdenum market in China maintains a stable-to-strong trend, primarily reflected in the continued price increase of most molybdenum products and a relatively positive sentiment among traders entering the market. In the molybdenum concentrate market, molybdenum concentrate price have broken through the 3,500 yuan/ton-degree threshold, mainly due to suppliers’ strong reluctance to sell at lower prices and downstream users maintaining rigid demand procurement. In the ferromolybdenum market, a cautious wait-and-see atmosphere prevails;…

Molybdenum market update on May 6, 2025 The domestic molybdenum market maintained a generally positive trend. On the first trading day after the May Day holiday, many traders had not yet fully resumed normal operations, resulting in lower market activity and limited price increases. Today, prices for molybdenum concentrate, molybdenum iron, and ammonium heptamolybdate rose to approximately 3,470 yuan/ton-degree, 227,000 yuan/ton, and 223,000 yuan/ton, respectively. According to CTIA GROUP LTD, during the May Day period, international molybdenum oxide and European…