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Molybdenum Prices - July 3, 2026

Molybdenum market update on July 3, 2026

This week, the overall domestic molybdenum prices showed a trend of first stabilizing and then rising. At the beginning of the week, due to molybdenum prices being at relatively high levels and downstream production enterprises still having a certain amount of raw material inventory, market demand was relatively low.

Coupled with the gradual weakening of earlier favorable support and strong production cost support, suppliers found it difficult to adjust prices, and product prices maintained stable operation. Approaching the weekend, some molybdenum mining enterprises raised prices for shipments, driving other suppliers to raise quotations accordingly. Recently, a mining enterprise in Jiangxi sold 256 tons of molybdenum concentrate, of which 128 tons were transacted at RMB 5,210/ton-degree and 128 tons at RMB 5,280/ton-degree.

According to statistics from CTIA GROUP, this week the price of molybdenum concentrate increased by approximately RMB 80/ton-degree, an increase of 1.54%; the price of ferromolybdenum increased by approximately RMB 3,000/ton, an increase of 0.92%; the price of molybdenum oxide increased by approximately RMB 80/ton-degree, an increase of 1.53%; the price of sodium molybdate showed no significant fluctuation for the time being; the price of ammonium heptamolybdate increased by approximately RMB 2,000/ton, an increase of 0.63%; and the price of molybdenum powder showed no significant fluctuation for the time being.

In terms of news, from January to May 2026, the added value of the machinery industry maintained growth, with most product outputs increasing year-on-year. Among them, excavator output increased by 24.2% year-on-year, metal cutting machine tool output increased by 5.9% year-on-year, large tractor output increased by 17.1% year-on-year, and cement special equipment output increased by 27.2% year-on-year. The total export value of mechanical and electrical products was RMB 7,576.6 billion, increased by 18.4% year-on-year, accounting for 63.6% of total exports, with most products seeing year-on-year growth in cumulative export volume.

Price of molybdenum products on July 3, 2026

Image of molybdenum sheet

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