Molybdenum market update on August 11, 2025
At the beginning of the week, the domestic molybdenum market maintained stable operations. Under weak supply and demand conditions, traders showed a generally low willingness to engage, with no significant changes in mainstream product prices and limited actual transaction volumes. Today, the prices of molybdenum concentrate, ferromolybdenum, and molybdenum powder are approximately 4,200 yuan per ton-unit, 270,000 yuan per ton, and 480 yuan per kilogram, respectively. According to CTIA GROUP LTD Online, the recent increase in extreme weather, stricter environmental policies, and high production costs have led some molybdenum manufacturers to reduce output. Additionally, the collapse of the El Teniente copper-molybdenum mine due to an earthquake has further raised market concerns about molybdenum supply shortages, strengthening suppliers' resolve to maintain high quotes. However, with current molybdenum prices at a high level, downstream users exhibit low enthusiasm for inquiries and procurement.
In terms of news, customs data shows that in July 2025, China imported 452,000 tons of steel, decreased by 18,000 tons month-on-month, a drop of 3.8%; with an average price of 1,806.0 USD per ton, increased by 94.9 USD per ton month-on-month, a rise of 2.2%. During the same period, steel exports were 9,836,000 tons, increased by 158,000 tons month-on-month, a rise of 1.6%; with an average price of 702.2 USD per ton, increased by 15.1 USD per ton month-on-month, a rise of 2.2%.
Price of molybdenum products on August 11, 2025
Molybdenum Wire picture
