Molybdenum market update on July 15, 2025
The domestic molybdenum market maintains stable operations overall, with strong production cost support and high molybdenum prices leading to intense price negotiations between buyers and sellers: suppliers are reluctant to lower prices for shipments, while buyers show moderate acceptance of high-priced sources.
In the molybdenum concentrate market, a strong wait-and-see sentiment prevails. Due to limited downstream inquiries and relatively favorable molybdenum concentrate prices, some suppliers are keen to lock in profits, with transaction prices hovering around 4,020 yuan per ton-degree. In the ferromolybdenum market, the situation is less favorable. Although ferromolybdenum prices have risen, driven by increasing raw material costs, the price increase is slightly lower than that of raw materials. Coupled with low steel tender prices, intermediate smelting enterprises are facing significant operational pressures. In the molybdenum chemicals and products market, trading activity remains subdued, with end customers generally adopting a just-in-time procurement strategy. Supported by a firm raw material market, holders maintain rational quotations.
According to CTIA GROUP LTD, influenced by the significant recent rise in ferromolybdenum prices, some steel companies have increased quotations for molybdenum-containing products since last week, for example, raising prices by 300 yuan per ton for every 1% molybdenum content in special steel products. In early July, ferromolybdenum prices increased by approximately 16,000 yuan per ton, a rise of 6.67%, while molybdenum concentrate prices increased by about 260 yuan per ton-degree, a rise of 6.91%.
According to data from the China Iron and Steel Association, in early July 2025, the social inventory of five major steel products in 21 cities reached 7.75 million tons, increasing by 60,000 tons month-on-month, a rise of 0.8%. Compared to the beginning of the year, inventory increased by 1.16 million tons, a rise of 17.6%, but decreased by 2.76 million tons year-on-year, a decline of 26.3%. During the same period, the social inventory of the five major steel products showed varied month-on-month changes: cold-rolled coil and rebar inventories decreased month-on-month, hot-rolled coil and medium-thick plate inventories increased, and wire rod inventory remained unchanged. Year-on-year, the social inventory of all five major steel products decreased.
Price of molybdenum products on July 15, 2025
Yttrium molybdenum belt pictures
