Molybdenum Market - August 8, 2025

Molybdenum market update on August 8, 2025

This week, the domestic molybdenum market exhibited an overall trend of volatile decline, with molybdenum concentrate prices falling to approximately 4,200 yuan per ton-unit and ferromolybdenum prices dropping to around 270,000 yuan per ton.

Compared to the price surge in July, the current adjustment is more indicative of a rational correction to the previous upward trend. In July, molybdenum concentrate price increased by about 15.16%, ferromolybdenum by about 16.67%, molybdenum oxide by about 14.40%, ammonium tetramolybdate by about 14.66%, and molybdenum powder by about 15.12%. According to CTIA GROUP LTD Online, the current rational decline in molybdenum prices is primarily attributed to insufficient momentum in downstream demand and a weakening of supportive bullish factors in the market.

According to statistics from CTIA GROUP LTD, this week molybdenum concentrate price decreased by approximately 110 yuan per ton-unit, a drop of 2.55%; ferromolybdenum price decreased by about 8,000 yuan per ton, a drop of 2.88%; molybdenum oxide price decreased by about 110 yuan per ton-unit, a drop of 2.48%; sodium molybdate price decreased by about 6,000 yuan per ton, a drop of 2.97%; ammonium heptamolybdate price decreased by about 6,000 yuan per ton, a drop of 2.22%; and molybdenum powder price decreased by about 10 yuan per kilogram, a drop of 2.04%.

In terms of news, data from the China Steel Association indicates that in late July 2025, the steel inventory of key statistical steel enterprises reached 14.78 million tons, decreased by 880,000 tons compared to the previous period, a drop of 5.6%; increased by 2.41 million tons compared to the beginning of the year, a growth of 19.5%; decreased by 670,000 tons compared to the same period last month, a drop of 4.3%; decreased by 1.27 million tons compared to the same period last year, a drop of 7.9%; and increased by 290,000 tons compared to the same period two years ago, a growth of 2.0%. By region, steel inventories in Northeast China decreased by 340,000 tons, East China decreased by 370,000 tons, Central-South China decreased by 340,000 tons, North China increased by 170,000 tons, Northwest China increased by 10,000 tons, and Southwest China remained largely stable compared to the previous period.

Price of molybdenum products on August 8, 2025

Molybdenum Wire picture

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