Molybdenum Market - July 14, 2025

Molybdenum market update on July 14, 2025

At the beginning of the week, the domestic molybdenum market maintained a high-level stalemate, with market focus centered on steel tender price performance and actual transaction conditions.

On the supply side, factors such as the high value of strategic mineral resources, limited spot supply of raw materials, and significant downstream inquiries have generally strengthened suppliers’ confidence in holding firm prices. On the demand side, influenced by the currently high molybdenum prices and persistent price suppression by downstream users, most downstream buyers are maintaining just-in-time procurement, resulting in moderate market trading. Currently, the prices of molybdenum concentrate and ferromolybdenum are approximately 4,020 yuan per ton-degree and 256,000 yuan per ton, respectively.

According to data from the National Bureau of Statistics, in June 2025, the national Producer Price Index (PPI) for industrial products decreased by 0.4% month-on-month. Among these, prices in the mining industry decreased by 1.2%, raw material industry prices decreased by 0.7%, and processing industry prices decreased by 0.5%. During the same period, the Purchaser Price Index for industrial producers decreased by 0.7% month-on-month, with prices for construction materials and non-metallic products decreasing by 1.5%, ferrous metal materials decreasing by 1.1%, chemical raw materials decreasing by 0.7%, and non-ferrous metal materials and wires increasing by 0.3%.

Price of molybdenum products on July 14, 2025

Yttrium molybdenum belt pictures

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