Molybdenum market update on August 26, 2025
The domestic molybdenum market is exhibiting a strong upward trend at high levels, influenced by factors such as limited growth in raw material supply, robust production cost support, steady downstream demand, and positive expectations for future markets. This has led to a characteristic of easy price increases and difficult declines in molybdenum product prices, resulting in a tight supply of low-priced goods in the market.
In the molybdenum concentrate market, the trading atmosphere is generally subdued. With raw material prices having climbed to a yearly high and limited market liquidity, ferromolybdenum traders are largely adopting a cautious consumption approach. Recently, the transaction price for 50%-55% molybdenum concentrate from a molybdenum mine in Heilongjiang was 4,470 yuan per ton-unit for cash and 4,500 yuan per ton-unit for acceptance.
In the ferromolybdenum market, the overall trend shows a pressure-laden operation. The recent significant rise in molybdenum concentrate prices has prompted ferromolybdenum manufacturers to adjust their quotes upward accordingly. However, constrained by the difficulty in raising steel tender prices, the upward potential for ferromolybdenum prices is somewhat limited.
In the molybdenum chemical and product markets, with the rigid demand from end customers remaining difficult to improve and raw material prices staying high and unlikely to decrease, the prices of some products have passively increased. Today, the price of molybdenum powder increased by approximately 5 yuan per kilogram.
Price of molybdenum products on August 26, 2025
Molybdenum sheet picture
