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…

Molybdenum market update on June 10, 2025 The domestic molybdenum market is exhibiting a generally favorable trend, with product prices remaining relatively high yet attracting numerous downstream users to enter the market. The trading atmosphere is active, and order growth is rapid. In the molybdenum concentrate market, a strong bullish sentiment prevails, driven by tight spot supply and steady downstream demand, prompting molybdenum mining companies to raise their quotes again. However, under these conditions, some holders, such as certain mining…

Molybdenum market update on June 9, 2025 At the beginning of the week, the domestic molybdenum market exhibited a high-level sideways trend, with intense price negotiations between buyers and sellers due to a mix of bullish and bearish factors, leading to a stronger wait-and-see atmosphere and moderate transaction volumes. On the positive side, unresolved tightness in molybdenum raw material supply and robust downstream demand are key reasons for suppliers maintaining firm quotes. However, with recent molybdenum price increases, some downstream…

Molybdenum market update on June 6, 2025 This week, the domestic molybdenum market displayed a positive and upward trend, primarily reflected in the strong reluctance of raw material suppliers to sell amid bullish sentiment, favorable steel tender prices, and stable downstream demand. Molybdenum concentrate price increased by approximately 60 yuan/ton-unit, a rise of 1.58%; ferromolybdenum price increased by approximately 2,000 yuan/ton, a rise of 0.81%; and molybdenum oxide price increased by approximately 60 yuan/ton-unit, a rise of 1.54%. Prices for…

Molybdenum market update on June 4, 2025 The domestic molybdenum market is exhibiting a high-level sideways trend, with intense price negotiations between buyers and sellers due to interwoven bullish and bearish factors, leading to narrow price oscillations and limited transaction volumes. In the molybdenum concentrate market, there is a strong sentiment of reluctance to sell with expectations of rising prices, driven by tight spot supply, potential capacity reductions at some molybdenum mines in the short term, and steady downstream demand.…

Molybdenum market update on June 3, 2025 At the start of the week, the domestic molybdenum market maintained a high-level volatile trend. Against the backdrop of limited spot supply and relatively high current molybdenum product prices, negotiations between supply and demand sides appeared somewhat deadlocked, leading to a slowdown in price increases. Currently, industry players are closely monitoring the bidding volume and price trends of steel enterprises. Recently, steel companies such as Xinyu Iron and Steel, Deyang Erzhong, Xichang Steel…