Molybdenum Market - June 16, 2025

Molybdenum market update on June 16, 2025

At the beginning of the week, the domestic molybdenum market exhibited a weak trend. As earlier bullish factors fade, raw material suppliers’ confidence in maintaining prices has weakened, leading to a thickening atmosphere of market caution. 

In the short term, industry players are adopting a cautious stance toward future market conditions. According to CTIA GROUP LTD, the previous price increase was supported by tight molybdenum concentrate spot supply and steady downstream demand, prompting suppliers to raise quotes significantly. However, current high molybdenum prices, low steel prices, tight buyer working capital, and ample raw material inventories have reduced downstream inquiry activity and increased price suppression sentiment, hindering further price increases. Nevertheless, supported by production costs, suppliers have limited room for concessions.

In related news, the China Iron and Steel Association reported that in early June 2025, social inventories of five major steel categories across 21 cities totaled 7.86 million tons, decreased by 80,000 tons, or 1.0% month-on-month. Compared to the beginning of the year, inventories increased by 1.27 million tons, or 19.3%, while they decreased by 2.67 million tons, or 25.4%, compared to the same period last year. In early June, social inventories of hot-rolled coils, cold-rolled coils, and thick plates increased month-on-month, while wire rod and rebar inventories decreased, with rebar showing the largest reduction in both volume and percentage.

Price of molybdenum products on June 16, 2025

Image of molybdenum copper rod

Follow our WeChat to know the latest tungsten price, information and market analysis.

http://news.chinatungsten.com/images/2019/01/WeChat-W-picture.png

• Next >