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Molybdenum market update on July 7, 2025 On July 7, 2025, the domestic molybdenum market is maintaining a firm trend this week, driven by active downstream inquiries and strong bullish sentiment among suppliers reluctant to sell. Mainstream molybdenum product prices have increased by varying degrees, with molybdenum concentrate up by approximately 10 yuan/ton-degree, ferro-molybdenum by about 1,000 yuan/ton, and molybdenum powder by around 3 yuan/kg. Recently, steel companies including Baosteel, Shandong Iron and Steel Laiwu, Deyang Second Heavy Machinery, and…

Molybdenum market update on July 4, 2025 This week, the domestic molybdenum market exhibited a pattern of initial decline followed by an upturn. Early in the week, lower steel bidding prices led to declines in molybdenum concentrate, ferro-molybdenum, and molybdenum oxide prices, with molybdenum concentrate and molybdenum oxide falling below the 3,800 yuan/ton-degree and 3,900 yuan/ton-degree thresholds, respectively. Toward the weekend, concentrated steel company bidding for ferro-molybdenum and a halt in price declines boosted confidence among molybdenum raw material suppliers…

Molybdenum market update on July 3, 2025 The domestic molybdenum market continues to maintain an upward trend, mainly reflected in the continuous increase in molybdenum raw material prices, rising downstream inquiries, and moderate market transactions. Today, the prices of molybdenum concentrate and molybdenum iron are approximately 3,830 yuan/ton-degree and 244,000 yuan/ton, respectively. In the molybdenum concentrate market, the trading atmosphere is active. Supported by the recent upward fluctuation of overseas molybdenum prices and strong downstream demand, molybdenum concentrate prices have…

Molybdenum market update on June 27, 2025 This week, the domestic molybdenum prices showed an overall downward trend, with the decline of some products slightly expanding. For example, the daily decline of molybdenum concentrate prices increased from about 10 yuan/ton-degree to about 40 yuan/ton-degree. It is worth noting that despite the price drop, the market trading volume did not significantly increase. CTIA GROUP LTD believes that the decline in molybdenum prices is a normal market reaction, mainly due to the…

Molybdenum market update on June 26, 2025 The domestic molybdenum market persists in a downward correction trend, with supportive factors weakening and steel tender prices continuing to decline, shifting consumer market sentiment from a stalemate to a downturn, and increasing industry concerns about future prospects. Today, molybdenum concentrate price decreased by another 20 yuan/ton-degree, ferromolybdenum price dropped by another 1,000 yuan/ton, and molybdenum bar price fell by another 10 yuan/kg. On the bullish side, recent frequent high temperatures, heavy rainfall,…

Molybdenum market update on June 25, 2025 The domestic molybdenum prices are exhibiting a high-level downward trend, with molybdenum concentrate price decreasing by approximately 10 yuan/ton-degree, ferromolybdenum price decreasing by about 1,000 yuan/ton, and molybdenum powder price decreasing by around 2 yuan/kg. Currently, the continuous decline in steel tender prices has slightly undermined industry confidence in the future market. In the molybdenum concentrate market, a supply-demand stalemate persists. Supported by strong production costs and limited spot supply, some holders maintain…