Molybdenum market update on December 18, 2025
The domestic molybdenum market overall maintains stable operation. Against the backdrop of steady downstream demand and strong reluctance from upstream market participants to sell while supporting prices, prices of some products have seen tentative increases, with both molybdenum concentrate and molybdenum oxide prices increased by approximately RMB 20/ton-degree, and ferromolybdenum prices increased by approximately RMB 1,000/ton.
In the molybdenum concentrate market, trading activity is moderate. Under the contradiction between strong price-pressing awareness from buyers and low willingness from raw material suppliers to reduce prices for shipments, transactions in the spot market are limited.
In the ferromolybdenum market, influenced by the lack of upward momentum in steel tender prices (RMB 233,000/ton) and firm molybdenum concentrate prices, intermediate smelting enterprises basically maintain rational quotations to avoid the risk of cost-revenue inversion. As of now, the total volume of steel tenders for ferromolybdenum is approximately 9,000 tons.
In the molybdenum chemical and its products market, with terminal customers mainly purchasing on just-in-time needs and suppliers not in a hurry to ship, prices of molybdate, molybdenum powder, and molybdenum bars show no obvious changes for the time being.
Price of molybdenum products on December 18, 2025
Images of yttrium molybdenum belt
