Molybdenum Market - August 13, 2025

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.

Today, molybdenum concentrate prices increased by approximately 40 yuan per ton, ferromolybdenum prices rose by about 2,000 yuan per ton, and molybdenum oxide prices increased by around 20 yuan per ton.

In the molybdenum concentrate market, the trading atmosphere is becoming increasingly active. With rising consumption willingness among ferromolybdenum traders and persistently tight spot supply, molybdenum concentrate prices are showing a steady upward trend. Under these market conditions, some molybdenum mining enterprises are experiencing a stronger profit-taking mentality.

In the ferromolybdenum market, there is an overall trend of simultaneous increases in both volume and price. Steel companies have collectively initiated ferromolybdenum tenders, driving tender prices higher, supported by strong production cost factors, which has bolstered suppliers' confidence in raising prices. Recently, steel enterprises such as Guangdong Shaogang, Nanjing Iron & Steel, Jiangsu Shagang, Shougang (Jingtang), and Hengyang Valin Steel Tube have participated in ferromolybdenum tenders.

In the molybdenum chemical and its products market, the overall sentiment remains cautious. With terminal customers largely maintaining essential procurement and limited upstream market influence, holders are generally maintaining rational pricing. Today, sodium molybdate and ammonium heptamolybdate prices are approximately 196,000 yuan per ton and 262,000 yuan per ton, respectively.

According to the Baotou Industry and Information Technology Bureau's official website, in June, among the 14 steel products monitored in Baotou, the price of one product increased month-on-month, while 13 decreased. The largest drop was in iron concentrate, with an average price of 854 yuan per ton, decreased by 92 yuan per ton, a decline of 9.8%. Year-on-year, prices of all 14 products decreased, with iron concentrate showing the largest drop, decreased by 215 yuan per ton, a decline of 20.1%; seamless pipes had the smallest decrease, with an average price of 4,111 yuan per ton, decreased by 479 yuan per ton, a decline of 10.4%.

Price of molybdenum products on August 13, 2025

Molybdenum crucible picture

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