Molybdenum market update on June 11, 2025
The domestic molybdenum market is experiencing a high-level oscillatory trend, with product prices fluctuating within a narrow range under the dual influence of suppliers' strong reluctance to sell amid bullish sentiment and stable downstream inquiry and procurement activity. Currently, molybdenum concentrate and ferromolybdenum prices are approximately 3,860 yuan/ton-unit and 249,000 yuan/ton, respectively.
On the bullish side, factors include: first, the significant environmental enforcement and declining ore grades have led to reduced output from some molybdenum mining companies, limiting the increase in spot market supply; second, active bidding for ferromolybdenum by steel companies and sustained basic demand procurement by end customers have bolstered suppliers' confidence in maintaining prices.
On the bearish side, factors include: first, the recent sharp rise in molybdenum product prices has heightened buyers' apprehension about high prices; second, the lukewarm steel market, with stagnant product price increases, has strengthened steel companies' intent to negotiate lower ferromolybdenum prices. Today, the prices of rebar, hot-rolled coil, and 316/2B stainless steel coil are approximately 3,150 yuan/ton, 3,253 yuan/ton, and 24,070 yuan/ton, respectively.
Price of molybdenum products on June 11, 2025
Image of molybdenum copper sheet
