Molybdenum market update on August 13, 2025

The domestic molybdenum market continues to maintain an overall upward trend, primarily reflected in the continued rise in prices of most molybdenum products, increased downstream inquiries, and accelerated order growth.

Recently, according to the Jiangxi Provincial Development and Reform Commission’s official website, the average prices of the 65 resident essential commodities under monitoring showed 28 increases, 27 decreases, and 10 unchanged month-on-month. Among industrial production materials, the price of tungsten concentrate increased slightly, rare earth prices overall increased slightly, steel prices showed mixed trends, cement prices decreased, and sand and gravel prices dropped slightly.

In H1 2025, Zhangyuan Tungsten Industry achieved revenue of 2.406 billion yuan, increased by 32.65% year-on-year; net profit attributable to shareholders of the parent company was 115 million yuan, increased by 2.54% year-on-year; non-deducted net profit was 107 million yuan, decreased by 4.36% year-on-year; basic earnings per share was 0.10 yuan, increased by 11.11% year-on-year; as of the end of the reporting period, the company’s total assets were 5.261 billion yuan, increased by 5.77% year-on-year; and the owners’ equity attributable to shareholders of the listed company was 2.163 billion yuan, increased by 1.53% year-on-year.

Molybdenum market update on August 12, 2025

The domestic molybdenum market is showing an overall trend of stabilization and recovery. With strong supplier reluctance to sell and firm pricing attitudes, coupled with a slight increase in downstream user inquiry and procurement enthusiasm, mainstream molybdenum product prices have risen to varying degrees, with molybdenum concentrate and ferromolybdenum prices increasing by approximately 30 yuan per ton-unit and 2,000 yuan per ton, respectively.