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Molybdenum market update on April 21, 2025 At the start of the week, the domestic molybdenum market in China showed slight improvement, primarily reflected in continued modest price increases for mainstream products, heightened enthusiasm among traders, and an increase in market transaction volumes. Today, prices for molybdenum concentrate, ferromolybdenum, and ammonium heptamolybdate were approximately 3,270 yuan/ton-degree, 212,000 yuan/ton, and 216,000 yuan/ton, respectively. Recently, steel companies such as Shougang Jingtang, China First Heavy Industries, Zhongyuan Special Steel, Shandong Iron and Steel…

Molybdenum market update on April 18, 2025 The domestic molybdenum market in China exhibits a rebound from an oversold state, with prices of molybdenum concentrate and molybdenum oxide rising by approximately 10 yuan/ton-degree, and ferromolybdenum prices recovering to the 210,000 yuan/ton threshold. Under these conditions, market transaction volumes increase, and industry participants focus on the shipment dynamics of molybdenum mining companies and the price suppression sentiment of steel companies toward ferromolybdenum. Bullish Factors: The significant decline in molybdenum product prices…

Molybdenum market update on April 16, 2025 The domestic molybdenum market as a whole continues to operate in a weak manner, mainly manifested in the continuous decline of the prices of mainstream molybdenum products, the low enthusiasm of both suppliers and demanders to enter the market for operations, and the small actual trading volume. However, supported by production costs, the decline in product prices has narrowed. Today, the prices of molybdenum concentrate, ferromolybdenum and molybdenum powder are approximately 3,250 yuan…

Molybdenum market update on April 15, 2025 The domestic molybdenum market in China continued to experience a significant downward trend, with prices for molybdenum concentrate, ferromolybdenum, and molybdenum bars falling by approximately 50 yuan/ton-degree, 4,000 yuan/ton, and 5 yuan/kg, respectively. However, despite this decline, market transaction volumes did not see a notable increase. In the molybdenum concentrate market, trading activity remained subdued. With steel procurement price continuing to slide and reduced inquiry and procurement enthusiasm from downstream users, suppliers rationally…

Molybdenum market update on April 9, 2025 The domestic molybdenum market in China is performing moderately overall. Amid numerous uncertainties, intense price negotiations between buyers and sellers have made it difficult to update product prices and have limited transaction volumes. Currently, industry participants are closely monitoring the shipment dynamics of molybdenum mining companies, the performance of steel procurement volumes and prices, and the impact of the escalating China-US trade war on the molybdenum market. In the molybdenum concentrate market, transaction…