Molybdenum market update on June 10, 2025
The domestic molybdenum market is exhibiting a generally favorable trend, with product prices remaining relatively high yet attracting numerous downstream users to enter the market. The trading atmosphere is active, and order growth is rapid.
In the molybdenum concentrate market, a strong bullish sentiment prevails, driven by tight spot supply and steady downstream demand, prompting molybdenum mining companies to raise their quotes again. However, under these conditions, some holders, such as certain mining enterprises in Heilongjiang and Jilin, are showing increased intent to take profits and liquidate.
In the ferromolybdenum market, operations are under pressure despite decent steel tender volumes and prices. The scarcity of low-priced stock and high energy costs have squeezed the profit margins of intermediate smelting companies. Currently, steel companies bidding for ferromolybdenum include Shougang Guigang, Zhongnan Steel, Hengyang Valin Steel Tube, Maanshan Iron & Steel, Tsingshan Holding Group, and Shougang Tonggang.
In the molybdenum chemical and product markets, the trading atmosphere is moderate. With raw material prices staying high and limited improvement in end-user rigid demand, suppliers are maintaining rational pricing.
Price of molybdenum products on June 10, 2025
Image of molybdenum crucible
