Molybdenum News Center

Molybdenum Market - April 15, 2026

Molybdenum market update on April 15, 2026

The domestic molybdenum market remains firm at high levels. Amid the interweaving of bullish and bearish factors, there is intense price negotiation between buyers and sellers, with the prices of mainstream products showing no significant fluctuations and market transactions remaining average.

In the molybdenum concentrate market, the overall trend remains sideways. With stable demand from molybdenum ferromolybdenum producers and a strong price-supporting sentiment from molybdenum mining companies reluctant to sell, transaction prices for products are hovering around RMB 4,520/ton-degree. In the first quarter of this year, China's molybdenum concentrate production reached approximately 35,000 tons, an increase of more than 5% year-on-year. In January and February this year, China's imports of molybdenum products totaled approximately 15,500 tons, a year-on-year increase of nearly 13%. Therefore, it can be inferred that the supply level of China's molybdenum concentrate market is relatively high.

In the ferromolybdenum market, the situation is stable. Although the volume and price of steel tenders are acceptable, the tightening supply of low-priced sources has led to smaller profit margins for intermediate smelting companies. Today, the price of ferromolybdenum is approximately RMB 290,000/ton.

In the molybdenum chemicals and products market, the buying and selling activity is low, mainly due to the inability of suppliers to raise prices and limited demand growth from end customers. Currently, the prices of molybdenum chemicals and products are mainly influenced by fluctuations in raw material prices.

In terms of news, customs data shows that from January to March 2026, China's steel imports amounted to 1.339 million tons, a decrease of 220,000 tons, down 14.1% year-on-year; imports of iron ore totaled 31.4762 million tons, an increase of 3.0033 million tons, up 10.5% year-on-year; steel exports totaled 24.717 million tons, a decrease of 2.713 million tons, down 9.9% year-on-year. In March, China's steel imports were 512,000 tons, a month-on-month increase of 143,000 tons, up 38.8%; iron ore imports were 10.4741 million tons, a month-on-month increase of 710,300 tons, up 7.3%; steel exports were 913,500 tons, a month-on-month increase of 129,800 tons, up 16.6%.

Price of molybdenum products on April 15, 2026

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