Molybdenum market update on August 4, 2025
At the beginning of the week, the overall focus of domestic molybdenum prices continued to shift downward, with the price of molybdenum concentrate decreasing by approximately 60 yuan per ton-unit, ferromolybdenum by approximately 4,000 yuan per ton, and ammonium tetramolybdate by approximately 2,000 yuan per ton. From the perspective of bullish factors, on one hand, production costs provide strong support for molybdenum prices; on the other hand, the reduced output from some molybdenum mining enterprises has lowered suppliers’ willingness to reduce prices, resulting in generally limited price drops. From the perspective of bearish factors, the current molybdenum prices remain relatively high, compounded by tight market liquidity, leading downstream users to adopt a cautious procurement attitude.
In terms of news, in the first half of 2025, China Molybdenum Co., Ltd. (CMOC) achieved revenue of 6.959 billion yuan, increased by 5.55% year-on-year; total profit of 1.819 billion yuan, decreased by 8.73% year-on-year; net profit attributable to shareholders of 1.380 billion yuan, decreased by 8.45% year-on-year; non-recurring net profit of 1.336 billion yuan, decreased by 10.39% year-on-year; basic earnings per share of 0.428 yuan, decreased by 8.34% year-on-year; total assets at the end of the reporting period of 21.922 billion yuan, increased by 6.22% year-on-year; and shareholders’ equity attributable to the parent company of 18.449 billion yuan, increased by 8.44% year-on-year.
Price of molybdenum products on August 4, 2025
Molybdenum crucible picture
