I. Analysis of China’s Molybdenum Price Trends in May 2025

According to CTIA GROUP LTD, the price trend of molybdenum products in China during May 2025 was initially stable before experiencing a significant surge, with the total ferromolybdenum tendered by steel companies exceeding 12,000 tons.

CTIA GROUP LTD has compiled the imports and exports of China's molybdenum products released by the General Administration of Customs as follows: In April 2025, China's molybdenum products imports totaled 8,345.85 tons, an increase of 10.49% month-on-month and an increase of 37.87% year-on-year; the import value was 1.244 billion yuan, an increase of 8.81% month-on-month and an increase of 51.85% year-on-year.

CTIA GROUP LTD has compiled the import and export data of Chinese molybdenum products released by the General Administration of Customs as follows: From January to April 2025, China's cumulative molybdenum product imports totaled 29,675.05 tons, an increase of 34.48% year-on-year; the cumulative import value was 4.323 billion yuan, an increase of 42.48% year-on-year.

According to data compiled by Chinaungsten Online from the General Administration of Customs,from January to April 2025, the cumulative export volume of tungsten products from China (excluding carbide tools and tungsten halogen lamps) was 4,700.12 tons, a decrease of 24.58% compared to the same period in 2024. The cumulative import value was 1.426 billion yuan, a decrease of 14.15% year-over-year.