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Molybdenum Market - May 27, 2025

Molybdenum market update on May 27, 2025

The domestic molybdenum market has shown a generally positive trend, characterized by continued price increases for many products, steady downstream demand, and a strong sentiment among raw material suppliers to hold back sales in anticipation of further price rises.

Driven by the recent continuous rise in molybdenum concentrate prices, ferromolybdenum and ammonium heptamolybdate prices have broken through the 240,000 yuan/ton and 230,000 yuan/ton thresholds, respectively. According to CTIA GROUP LTD, factors such as limited capacity release by molybdenum mining companies, active downstream inquiries, higher bids for ferromolybdenum by steel companies, and relatively low imports of molybdenum products in China are the main reasons for the recent price surge.

According to CTIA GROUP LTD statistics, since late April 2025, molybdenum concentrate prices have increased by approximately 420 yuan/ton-degree, a rise of 12.92%; ferromolybdenum prices have increased by about 32,000 yuan/ton, a rise of 15.38%; molybdenum oxide prices have increased by about 390 yuan/ton-degree, a rise of 11.57%; sodium molybdate prices have increased by about 12,000 yuan/ton, a rise of 7.79%; ammonium tetramolybdate prices have increased by about 15,000 yuan/ton, a rise of 7.08%; ammonium heptamolybdate prices have increased by about 16,000 yuan/ton, a rise of 7.41%; molybdenum powder prices have increased by about 37 yuan/kg, a rise of 9.30%; and molybdenum bar prices have increased by about 33 yuan/kg, a rise of 7.59%.

According to the China Iron and Steel Association (CISA), in April 2025, among key statistical enterprises, medium and heavy plate mill output continued to rise year-on-year, hot rolling mill output slightly decreased, and cold rolling mill output remained unchanged. Specifically, medium and heavy plate mills produced 6.31 million tons, increased by 3.1% year-on-year, with a cumulative output of 24.65 million tons, increased by 2.8% year-on-year. Hot rolling mills produced 15.68 million tons, decreased by 1.6% year-on-year, with a cumulative output of 63.92 million tons, decreased by 0.4% year-on-year. Cold rolling mills produced 6.68 million tons, unchanged year-on-year, with a cumulative output of 26.67 million tons, decreased by 2.4% year-on-year.

Price of molybdenum products on May 27, 2025

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