Molybdenum market update on January 8, 2026
The domestic molybdenum market overall maintained a high-level consolidation pattern. After recent significant price increases in products, the sentiment of buyers and sellers has changed: suppliers have strong reluctance to sell while supporting prices, while buyers have reduced acceptance of high-priced goods, leading to weakened market trading activity and limited new orders.
According to CTIA GROUP LTD, since New Year's Day, molybdenum concentrate prices increased by approximately RMB 350 per tonne-degree, up 8.43%; ferromolybdenum prices increased by approximately RMB 20,000/ton, up 7.49%; molybdenum oxide prices increased by approximately RMB 370 per tonne-degree, up 8.77%; sodium molybdate prices increased by approximately RMB 12,000/ton, up 6.42%; ammonium tetramolybdate prices increased by approximately RMB 18,000/ton, up 7.11%; ammonium heptamolybdate prices increased by approximately RMB 18,000/ton, up 6.98%; molybdenum powder prices increased by approximately RMB 31/kg, up 6.42%; molybdenum bar prices increased by approximately RMB 31/kg, up 6.39%.
On the news front: On January 4, the State Council issued the "Solid Waste Comprehensive Governance Action Plan", proposing that by 2030, special treatment of solid waste in key fields will achieve obvious results, historical stockpiles of solid waste will be effectively controlled, the high incidence of illegal dumping and disposal will be curbed, annual comprehensive utilization of bulk solid waste will reach 4.5 billion tonnes, annual recycling volume of major renewable resources will reach 510 million tonnes, and the comprehensive governance capability and level of solid waste will be significantly improved.
Price of molybdenum products on January 8, 2026
Images of molybdenum crucible
