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Molybdenum market update on April 17, 2025 The domestic molybdenum market in China showed a generally lackluster performance. With limited inquiries from downstream users and persistent price suppression sentiment, the trading atmosphere remained subdued. However, strengthened support from production costs has slightly increased suppliers’ reluctance to sell and their confidence in maintaining firm prices. In the molybdenum concentrate market, a strong wait-and-see atmosphere prevailed. As steel procurement prices stabilized, suppliers maintained rational quotations, with transaction prices hovering around 3,250 yuan/ton-degree.…

Molybdenum market update on April 14, 2025 At the beginning of the week, the domestic molybdenum market in China continued its downward trend. Molybdenum concentrate and ferromolybdenum prices fell to approximately 3,300 yuan/ton-degree and 210,000 yuan/ton, respectively, while ammonium tetramolybdate and molybdenum powder prices dropped by about 3,000 yuan/ton and 5 yuan/kg, respectively. According to CTIA GROUP LTD, the primary reason for the price decline is the significant downward pressure from steel companies on ferromolybdenum prices. As a key intermediate…

Molybdenum market update on April 11, 2025 This week, the domestic molybdenum market in China displayed a trend of initial stability followed by a decline. At the start of the week, factors such as stable steel procurement volumes and prices, moderate growth in spot supply, and robust production cost support prompted suppliers to maintain steady quotations. However, as the weekend approached, the escalation of the tariff war hindered steel exports, leading to an increase in domestic steel spot inventories and…

Molybdenum market update on April 8, 2025 The domestic molybdenum market in China has generally maintained a weak but stable performance. Against the backdrop of a relatively balanced supply-demand relationship and the escalation of the China-US trade war, market enthusiasm remains moderate, and product prices have shown no significant changes for the time being. From the supply side, factors such as increasingly stringent environmental policies, high energy costs, and the difficulty in raising molybdenum product prices have slowed the capacity…

Molybdenum market update on April 7, 2025 At the start of the week, China’s domestic molybdenum market maintained stable operations. With suppliers showing little inclination to lower prices and buyers adhering to rigid demand patterns, market trading activity remained subdued, and product prices exhibited no significant fluctuations. Today, prices for molybdenum concentrate, ferromolybdenum, and ammonium heptamolybdate stabilized at approximately 3,400 CNY/ton-degree, 222,000 CNY/ton, and 219,000 CNY/ton, respectively. Recently, steel companies entering the market to tender for ferromolybdenum include Hengyang Valin…