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Molybdenum market update on May 28, 2025 The overall domestic molybdenum market remains optimistic. Amid the contradiction between strong downstream inquiry and procurement enthusiasm and the limited growth in raw material spot supply, molybdenum mining enterprises have significantly increased their quotations, driving up price expectations across the entire supply chain. Today, the prices of molybdenum concentrate, ferromolybdenum, and ammonium heptamolybdate have risen to approximately RMB 3,730/ton unit, RMB 243,000/ton, and RMB 235,000/ton, respectively. On the positive side, several factors are…

Molybdenum market update on May 27, 2025 The domestic molybdenum market has shown a generally positive trend, characterized by continued price increases for many products, steady downstream demand, and a strong sentiment among raw material suppliers to hold back sales in anticipation of further price rises. Driven by the recent continuous rise in molybdenum concentrate prices, ferromolybdenum and ammonium heptamolybdate prices have broken through the 240,000 yuan/ton and 230,000 yuan/ton thresholds, respectively. According to CTIA GROUP LTD, factors such as…

Molybdenum market update on May 22, 2025 The overall market sentiment of molybdenum in China remains optimistic. Supported by suppliers’ intensified reluctance to sell amid bullish expectations and moderate downstream demand, market trading activity is brisk, with most product prices continuing to rise and transaction volumes remaining high. In the molybdenum concentrate market, a pattern of robust supply and demand prevails. Driven by factors such as rising international molybdenum prices, limited spot market supply, and active downstream inquiries, suppliers generally…

Molybdenum market update on May 21, 2025 The domestic molybdenum market shows a stable yet slightly bullish trend, characterized by a modest rise in molybdenum product prices, decent enthusiasm from traders entering the market, and relatively substantial transaction volumes. Recently, prices for molybdenum concentrate, ferromolybdenum, and molybdenum powder have increased to approximately 3,570 yuan/ton-degree, 232,000 yuan/ton, and 425 yuan/kg, respectively. Bullish Factors: With steady downstream demand and limited raw material spot inventory, molybdenum mining companies generally adopt a cautious, price-bullish…

Molybdenum market update on May 20, 2025 The domestic molybdenum market continues to operate steadily, with product prices showing minimal changes and transaction volumes at an average level, driven by a relatively balanced supply-demand dynamic and no significant policy announcements. Industry participants are currently focusing on the shipment trends of molybdenum mining companies and the pricing and volume performance of steel mill tenders. In the molybdenum concentrate market, a stalemate persists, with limited downstream demand and low willingness from suppliers…