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Molybdenum Market - February 12, 2026

Molybdenum market update on February 12, 2026

The domestic molybdenum prices overall showed no obvious change in center of gravity, with molybdenum oxide, ferromolybdenum, and ammonium heptamolybdate prices at approximately RMB 4,240 per tonne-degree, RMB 271,000/ton, and RMB 264,000/ton respectively.

This is mainly attributed to suppliers' low willingness to reduce prices for shipments, low downstream user inquiries, and the absence of substantial bullish or bearish news in the market.

From the supply side, affected by the increasingly strong atmosphere of the approaching Spring Festival holiday, high energy prices, and low temperatures, some molybdenum manufacturers have proactively reduced production, leading to stronger reluctance among holders to sell while supporting prices; from the demand side, approaching the Spring Festival, molybdenum downstream production enterprises generally adopt a cautious consumption attitude, with weak procurement willingness and relatively light overall demand performance.

On the news front: Price monitoring data from Jiangxi Steel Market and Fuzhou Trade Plaza Steel Market show that in January, among the 44 monitored steel varieties, sales prices saw 19 increases, 20 decreases, and 5 unchanged month-on-month. The average sales prices of wire rod (high-line 6.5, HPB300 and high-line 8, HPB300) were RMB 3,616.25/ton and RMB 3,488.75/ton respectively, increased by 0.87% and 0.95% month-on-month, and decreased by 2.40% and 2.99% year-on-year. The average sales price of rebar (φ12mm HRB400E) was RMB 3,338.75/ton, increased by 1.11% month-on-month and decreased by 4.44% year-on-year.

Price of molybdenum products on February 12, 2026

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