Molybdenum News

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Molybdenum Market – October 14, 2025 28

Molybdenum market update on October 14, 2025 The domestic molybdenum market overall is exhibiting a trend of stabilization and recovery, primarily due to rising steel bidding prices, the prominent strategic status of metal resources, and relatively limited increases in raw material spot supply. Today, the prices of molybdenum concentrate, ferromolybdenum, and molybdenum powder increased by approximately 10 yuan per ton-unit, 3,000 yuan per ton, and 5 yuan per kilogram, respectively. In the molybdenum concentrate market, the overall atmosphere is one…

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Molybdenum Market – October 13, 2025 45

Molybdenum market update on October 13, 2025 On Monday, the domestic molybdenum market overall showed a slight improvement, primarily reflected in the rise in ferromolybdenum prices and the stabilization of other molybdenum product prices after halting their decline. Today, the prices of molybdenum concentrate, ferromolybdenum, and molybdenum powder are approximately 4,400 yuan per ton-unit, 279,000 yuan per ton, and 500 yuan per kilogram, respectively. It is understood that favorable market factors include a slight increase in steel bidding prices, the…

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Molybdenum Market – October 11, 2025 90

Molybdenum market update on October 11, 2025 The domestic molybdenum market overall continues to operate weakly, primarily reflected in obvious downward pressure on product prices, low enthusiasm among traders for market engagement, and limited actual transaction volumes. Today, the prices of molybdenum concentrate and molybdenum oxide both decreased by approximately 20 yuan per ton-unit. From the supply side, as the National Day holiday ends, many molybdenum manufacturers are gradually resuming normal production rhythms, which helps increase spot market supply. However,…

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JDC and Zijin Mining Sign Letter of Intent 15

On August 29, 2025, JDC (JinDuiCheng) and Zijin Mining Group Co., Ltd. signed a “Letter of Intent,” reaching a preliminary agreement to jointly develop the Shapigou Molybdenum Mine in Jinzhai, Anhui Province. It is reported that both Zijin Mining and JDC are shareholders of Jinsha Molybdenum Industry, with Zijin Mining holding an 84% stake and JDC holding a 10% stake. Jinsha Molybdenum Industry holds the mining rights for the Shapigou Molybdenum Mine, with total molybdenum metal resources of 2.1 million…

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Molybdenum Market – October 10, 2025 83

Molybdenum market update on October 10, 2025 The domestic molybdenum market overall maintains a firm operation, with low consumer enthusiasm among downstream users and strong reluctance among suppliers to lower prices, resulting in low market trading activity, no significant changes in product prices, and limited actual transaction volumes. Currently, traders are awaiting guidance from the next round of steel bidding prices. From the perspective of favorable factors, firstly, the supply of raw material spot goods is limited: molybdenum concentrate production…

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Molybdenum Market – October 9, 2025 139

Molybdenum market update on October 9, 2025 On the first trading day after the National Day holiday, domestic molybdenum prices overall continued the downward trend from before the holiday, mainly due to many downstream users not yet resuming normal procurement rhythms and insufficient confidence among suppliers in stabilizing prices. However, influenced by strong production cost support and limited spot market supply, the price decline remained modest. Today, the prices of molybdenum concentrate, ferromolybdenum, and ammonium heptamolybdate decreased by approximately 10…

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Molybdenum Product Price Trends in China for September 2025 180

I. Analysis of China Molybdenum Price Trends for September 2025 According to CTIA GROUP LTD Online, molybdenum products price trend in China for September 2025 showed an initial rise followed by a decline, with the end-of-month prices for most products lower than those at the beginning of the month. At the beginning of the month, most product prices continued the upward trend from late August, primarily due to tight spot market supply at that time, oscillatory upward movement in international…

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Molybdenum Market – September 29, 2025 73

Molybdenum market update on September 29, 2025 The overall domestic molybdenum market remains lukewarm, characterized by limited price reduction margins from suppliers, low inquiry and procurement enthusiasm from downstream users, narrow price adjustments, and slow order growth. Today, the prices of molybdenum concentrate, ferromolybdenum, and ammonium heptamolybdate are approximately 4,430 yuan per ton-unit, 279,000 yuan per ton, and 4,540 yuan per ton-unit, respectively. It is understood that with the National Day holiday atmosphere intensifying, some downstream enterprises have proactively slowed…

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Molybdenum Market – September 28, 2025 107

Molybdenum market update on September 28, 2025 The domestic molybdenum market overall maintains a weak performance, with interwoven bullish and bearish factors leading to a somewhat stagnant negotiation atmosphere between buyers and sellers, resulting in a lack of upward momentum in product prices and low transaction volumes. From the demand side, firstly, tight liquidity among downstream enterprises has weakened their procurement enthusiasm; secondly, many downstream users have built a certain scale of raw material inventory in advance, thus lacking an…

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Molybdenum Market – September 26, 2025 135

Molybdenum market update on September 26, 2025 This week, the domestic molybdenum market overall exhibited a steady but slightly weak pattern, with most suppliers adjusting their quotes downward amid continuously declining steel bidding prices, oscillatory drops in international molybdenum prices, and insufficient price support from the raw material side for downstream products. However, due to acceptable downstream inquiry enthusiasm and limited increases in raw material spot supply, molybdenum mining enterprises generally maintained strong price firmness. According to CTIA GROUP LTD…

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