Molybdenum News Center

Molybdenum Market - May 13, 2026

Molybdenum market update on May 13, 2026

The domestic molybdenum market as a whole shows a continuous upward trend, with the price increases of some products gradually expanding.

Today, the price of molybdenum concentrate rose again by RMB 200/ton-degree, reaching RMB 5,250/ton-degree; the price of ferromolybdenum rose again by RMB 12,000/ton, reaching RMB 332,000/ton. Under this market situation, industry players are focusing on the shipment dynamics of key molybdenum mining enterprises and the downstream users’ acceptance of high-priced sources.

According to CTIA GROUP, on May 13, a certain mine in Luoyang sold 810 ton of molybdenum concentrate with Mo content above 45% and Mo content above 50%, at transaction prices ranging from RMB 5,230/ton-degree to RMB 5,270/ton-degree. Recently, steel enterprises entering tenders for ferromolybdenum include Deyang Erzhong, Ansteel Lianzhong, Shougang Co., Xinxing Ductile Iron Pipes, and Shouguang Juneng, among others.

From the supply side, firstly, after the issuance of the Peruvian energy crisis decree, the production pace of some local mines slowed down, and some enterprises even faced shutdowns, which in turn restricted the scale of China’s imports of molybdenum products from Peru. From January to March 2026, China imported 5,796.48 ton of other molybdenum ores and concentrates from Peru, with an import value of RMB 874 million. Secondly, under high energy prices and the difficulty of increasing short-term spot supply in the market, international molybdenum prices steadily increased, further driving domestic molybdenum prices higher.

From the demand side, after the May Day holiday, market demand gradually warmed up. On one hand, downstream molybdenum industries developed steadily; coupled with fluctuating upward steel prices and the continued tightening of low-priced sources, multiple factors collectively boosted inquiries and purchasing willingness from downstream customers, increasing market transaction activity. Recently, several steel enterprises have successively issued price increase notices. Today, the price of 316/2B stainless steel coils rose by about RMB 1,600/ton.

Price monitoring data from the Jiangxi steel market and Fuzhou Trade Plaza steel market show that in April, among the 44 monitored steel products, 30 increased and 14 decreased month-on-month. The average sales prices of wire rods (High Line 6.0, HPB300 and High Line 8, HPB300) were RMB 3,572.00/ton and RMB 3,437.00/ton, decreasing month-on-month by 1.33% and 1.38%, and increasing year-on-year by 1.94% and 0.59%, respectively. The average sales price of rebar (φ12mm HRB400E) was RMB 3,338.00/ton, decreasing month-on-month by 0.95% and increasing year-on-year by 1.21%.

Price of molybdenum products on May 13, 2026

Molybdenum copper sheet picture

Follow our WeChat to know the latest tungsten price, information and market analysis.

• < Prev
• Next >