Molybdenum market update on August 20, 2025
The domestic molybdenum market continues to maintain a steady yet slightly strong operation, primarily reflected in the reasonable enthusiasm of traders for market participation, varying degrees of price increases for mainstream products, and a relatively significant actual transaction volume. Today, the prices of molybdenum concentrate, ferromolybdenum, and ammonium tetramolybdate increased by approximately 20 yuan per ton-unit, 2,000 yuan per ton, and 3,000 yuan per ton, respectively.
In the molybdenum concentrate market, the trading atmosphere remains moderate. With current molybdenum concentrate prices at high levels, downstream users are mostly procuring based on essential needs. However, influenced by strong production cost support and tight spot market supply, holders show little willingness to lower prices.
In the ferromolybdenum market, there is an overall trend of progressing under pressure. With scarce low-priced goods and difficulty in raising steel tender prices, intermediate smelting enterprises generally maintain rational pricing. Today, ferromolybdenum prices hovered around 284,000 yuan per ton, while the prices of 201/2B stainless steel coil and 316/2B stainless steel coil were approximately 7,400 yuan per ton and 25,290 yuan per ton, respectively.
In the molybdenum chemical and its products market, the atmosphere is marked by cautious observation. With limited upward pull from rising raw material prices and the rigid demand state of terminal customers showing little improvement, suppliers' pricing adjustments remain within a reasonable range.
Price of molybdenum products on August 20, 2025
Molybdenum copper sheet picture
