Molybdenum market update on July 25, 2025

This week, domestic molybdenum market exhibited a pattern of initial suppression followed by a rebound. At the beginning of the week, the market entered an adjustment phase after a rapid price increase, compounded by declining steel mill tender prices and low downstream procurement inquiry activity, prompting suppliers to slightly lower quotations to facilitate transactions.

Recently, the Ministry of Natural Resources released a statement indicating that in the first half of 2025, China achieved significant breakthroughs in mineral exploration for key mineral types, discovering 38 new mineral deposits, an increase of 31% year-on-year, including 25 large- and medium-sized deposits. Exploration investments in non-oil-and-gas minerals such as tungsten and molybdenum continued to grow.

Analysis of Latest Tungsten Market from Chinatungsten Online

▏ Current Situation of Tungsten Price:

Molybdenum market update on July 24, 2025

The domestic molybdenum market is maintaining a high-level sideways trend, with product prices showing no significant changes and actual transaction volumes remaining decent, as traders generally adhere to rigid trading practices.