I. Analysis of China’s Molybdenum Price Trends in June 2025
According to CTIA GROUP LTD, in June 2025, the price trends of China’s molybdenum raw materials and molybdenum chemical products diverged slightly: molybdenum raw material prices followed a pattern of initial increase, stabilization, then decline, while molybdenum chemical product prices remained stable before declining. Notably, most product prices in June reached new highs for the year, with molybdenum concentrate and ferromolybdenum peaking at approximately 3,870 yuan/ton-degree and 250,000 yuan/ton, respectively, representing increases of about 19.08% and 20.19% compared to mid-April.
In the molybdenum raw material market, prices continued to rise at the beginning of the month, driven by tight spot supply and steady downstream demand, extending the upward trend from May. Mid-month, as downstream acceptance of high-priced goods waned and bullish support weakened, prices entered a high-level consolidation phase. By the end of the month, the continuous decline in steel tender prices led suppliers to rationally lower quotes. In the molybdenum chemical market, during the first and middle parts of the month, stable raw material prices and essential procurement by terminal customers kept holder quotes steady. Toward the end of the month, influenced by falling raw material prices and poor future expectations, product prices began to trend downward.
II. Average Prices of Molybdenum Products in June 2025
In June 2025, the average prices of most molybdenum products in China increased month-on-month but decreased year-on-year. The average price of molybdenum concentrate was 3,838 yuan/ton-degree, increased by 7.12% month-on-month and decreased by 0.42% year-on-year; ferromolybdenum averaged 247,050 yuan/ton, increased by 5.70% month-on-month and decreased by 0.91% year-on-year; molybdenum oxide averaged 3,938 yuan/ton-degree, increased by 7.39% month-on-month and decreased by 0.15% year-on-year; sodium molybdate averaged 170,750 yuan/ton, increased by 5.26% month-on-month and decreased by 1.12% year-on-year; ammonium tetramolybdate averaged 233,750 yuan/ton, increased by 5.32% month-on-month and decreased by 0.80% year-on-year; ammonium heptamolybdate averaged 238,750 yuan/ton, increased by 5.20% month-on-month and decreased by 0.04% year-on-year; molybdenum powder averaged 440 yuan/kg, increased by 3.53% month-on-month and decreased by 4.14% year-on-year; molybdenum bar averaged 471 yuan/kg, increased by 2.39% month-on-month and decreased by 2.48% year-on-year.
From January to June 2025, the prices of most molybdenum products in China decreased year-on-year. The average price of molybdenum concentrate was 3,551 yuan/ton-degree, increased by 1.02% year-on-year; ferromolybdenum averaged 230,254 yuan/ton, decreased by 0.15% year-on-year; molybdenum oxide averaged 3,653 yuan/ton-degree, increased by 1.22% year-on-year; sodium molybdate averaged 162,559 yuan/ton, decreased by 1.73% year-on-year; ammonium tetramolybdate averaged 222,542 yuan/ton, decreased by 0.63% year-on-year; ammonium heptamolybdate averaged 226,695 yuan/ton, decreased by 0.38% year-on-year; molybdenum powder averaged 421 yuan/kg, decreased by 4.32% year-on-year; molybdenum bar averaged 456 yuan/kg, decreased by 2.36% year-on-year.
