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Molybdenum Market - June 12, 2025

Molybdenum market update on June 12, 2025

The domestic molybdenum market is experiencing a high-level decline, with reduced steel tender volumes and prices, alongside a gradual drop in international molybdenum prices, leading to increased profit-taking awareness among molybdenum mining companies and a thickening atmosphere of market caution. Today, molybdenum concentrate prices continued to decline slightly.

According to CTIA GROUP LTD, this minor price drop is a normal phenomenon, primarily due to a noticeable rise in molybdenum raw material prices since late April, which has expanded profit margins for raw material traders. Combined with growing buyer resistance to high-priced goods, some holders are more proactive in selling. Notably, the ferromolybdenum market is under pressure, with high raw material costs and steel companies’ reluctance to raise ferromolybdenum bids, posing a significant cost-revenue mismatch risk for intermediate smelting enterprises.

According to the National Bureau of Statistics, in May 2025, the national producer price index for industrial products decreased by 3.3% year-on-year. Within this, mining industry prices dropped by 11.9%, raw material industry prices by 5.4%, and processing industry prices by 2.8%. Concurrently, the purchase price index for industrial producers fell by 3.6% year-on-year, with fuel and power prices declining by 9.8%, ferrous metal materials by 7.3%, chemical raw materials by 5.4%, and non-ferrous metal materials and wires rising by 4.6%.

Price of molybdenum products on June 12, 2025

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