Molybdenum market update on May 12, 2025

At the start of the week, the domestic molybdenum market in China maintained stable operations, influenced by steady downstream demand, limited spot supply of raw materials, and news of China's special operation to combat the smuggling and export of strategic minerals, leading suppliers to generally hold firm on pricing.

Analysis of Latest Tungsten Market from Chinatungsten Online

Tungsten prices continue to soar on Monday, and the market enthusiasm runs high.

According to a statement on the website of the Ministry of Commerce of the People's Republic of China dated May 9, 2025:

Molybdenum market update on May 9, 2025

In the first week after the May Day holiday, the domestic molybdenum market in China continued its positive trend from before the holiday, driven by strong price-holding sentiment from molybdenum mining companies and increased inquiry and procurement activity from downstream users.