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Molybdenum market update on July 9, 2025 The domestic molybdenum market is performing well, marked by rapid price increases for most products, active downstream inquiries, strong supplier reluctance to sell with bullish sentiment, decent transaction volumes, and high industry expectations for the future. Notably, this price surge has injected robust momentum into the market, with many product prices not only surpassing June’s highs but also setting new annual records. However, traders should proceed cautiously, as the current weak steel market…

Molybdenum market update on July 8, 2025 On July 8, 2025, the domestic molybdenum market continues to exhibit a strong upward trend, supported by tight molybdenum raw material supply, active steel tenders, and rising international molybdenum prices. Prices of molybdenum concentrate, molybdenum oxide, and ferro-molybdenum have continued to rise. Recently, steel companies including Hengyang Valin Steel Tube, Zhongtian Steel, Shandong Iron and Steel Laiwu, Jiangsu Shagang, CITIC Pacific, and Hebei Iron and Steel have entered the market to bid for…

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…