Molybdenum market update on August 19, 2025
The domestic molybdenum market is maintaining a stable operation at high levels. Amid a mix of bullish and bearish factors, the negotiation atmosphere between buyers and sellers remains moderate, making it difficult to update product prices and limiting transaction volumes. Currently, industry players are particularly focused on the shipment situation of molybdenum mining enterprises and the performance of steel tender quantities and prices.
On the bullish side: first, with the military parade on September 3 approaching, the intensified environmental enforcement and crackdown have led to reduced output from some molybdenum manufacturers; second, frequent high-temperature and rainy weather, combined with high production costs, have constrained molybdenum mining enterprises' capacity expansion; third, with raw material prices at high levels, downstream users are mostly procuring to meet actual production needs; fourth, a favorable international molybdenum market is positively driving the domestic market's upward trend. On the bearish side, influenced by the recent peak-and-fall of many steel product prices and the current high molybdenum price levels, buyers are generally cautious in their consumption.
Reports indicate that, according to the China Iron and Steel Association (CISA), in the first ten days of August 2025, the steel inventory of key statistical steel enterprises reached 15.07 million tons, increased by 290,000 tons from the previous ten-day period, a rise of 2.0%; increased by 2.7 million tons compared to the beginning of the year, a rise of 21.8%; remained roughly stable compared to the same ten-day period last month; decreased by 830,000 tons compared to the same ten-day period last year, a drop of 5.2%; and decreased by 980,000 tons compared to the same ten-day period two years ago, a drop of 6.1%. By region, steel inventory in Northeast China increased by 10,000 tons, East China increased by 270,000 tons, Central South China increased by 290,000 tons, North China decreased by 210,000 tons, Northwest China decreased by 50,000 tons, and Southwest China decreased by 20,000 tons.
Price of molybdenum products on August 19, 2025
Molybdenum copper sheet picture
