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Molybdenum Market - July 17, 2026

Molybdenum market update on July 17, 2026

This week, the overall domestic molybdenum market performed relatively well, with prices of most molybdenum products showing a steady upward trend, but actual market transaction volumes still did not reach ideal levels.

According to CTIA GROUP, factors such as the difficulty in increasing spot supply of raw materials and industry participants' considerable expectations for the future market jointly support molybdenum mining enterprises' confidence in holding back sales and raising prices. Under this situation, in order to avoid the risk of cost-revenue inversion, other molybdenum manufacturers also raised their quotations accordingly. It is worth noting that although steel tender prices have risen recently, downstream users still have strong price-cutting sentiment, so traders should operate with caution.

According to CTIA GROUP statistics, this week, the price of molybdenum concentrate increased by approximately RMB 40/ton-degree, up 0.76%; the price of ferromolybdenum increased by approximately RMB 5,000/ton, up 1.50%; the price of molybdenum oxide increased by approximately RMB 80/ton-degree, up 1.50%; the price of sodium molybdate increased by approximately RMB 4,000/ton, up 1.76%; the price of ammonium heptamolybdate increased by approximately RMB 4,000/ton, up 1.23%; the price of molybdenum powder increased by approximately RMB 8/kg, up 1.33%.

In terms of news, data from the China Iron and Steel Association shows that in early July 2026, key monitored steel enterprises produced a total of 20.22 million tons of crude steel, with an average daily output of 2.022 million tons, decreased by 0.1% month-on-month in daily output. By region, the daily output of crude steel in Northeast China decreased by 15,000 tons, in North China decreased by 20,000 tons, in East China increased by 13,000 tons, in Southwest China increased by 15,000 tons, and in Central South China increased by 8,000 tons.

Price of molybdenum products on July 17, 2026

Image of yttrium molybdenum belt

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