Molybdenum News Center

Price Trend of Chinese Molybdenum Products in July 2026

I. Analysis of China's molybdenum price market in July 2026

According to CTIA GROUP, the overall China molybdenum market in July 2026 performed relatively well, mainly manifested in price increases of mainstream molybdenum products to varying degrees, strong willingness among suppliers to hold back sales and expect price increases, high willingness of buyers to inquire and purchase, and acceptable actual transactions.

However, under the interplay of multiple bullish and bearish factors, the price trends of mainstream products showed slight differentiation.

On the molybdenum raw material market, product prices fluctuated upward, with molybdenum concentrate and molybdenum oxide prices increasing by approximately 3.28% and 3.63% in July, respectively, mainly due to stable downstream demand and continuously tight spot market supply. Currently in the traditional consumption off-season, some molybdenum mining enterprises carried out safety rectification, coupled with frequent natural disasters in many regions, high-temperature and rainy weather, and increased efforts to combat illegal mining in many areas, further restricting production by molybdenum mining enterprises, resulting in limited increases in spot market supply.

On the ferromolybdenum market, product prices rose first and then fell in July, but the decline in the later period was relatively small, so prices at the end of the month were still higher than at the beginning of the month, with an increase of 3.07%. At the beginning of the month, driven by the upward price of molybdenum concentrate, ferromolybdenum prices rose steadily; in the middle of the month, due to the persistently high price of molybdenum concentrate and the passive rise of steel tender prices, intermediate smelting enterprises raised their quotations; at the end of the month, steel tender prices fell and bullish support weakened, leading to a rational price correction.

On the molybdenum chemical and its products market, product prices rose first and then stabilized. Under a relatively balanced supply-demand pattern, product prices were mainly affected by raw material prices. In the first ten days, prices of molybdenum chemicals and their products rose along with raw material prices; in the last ten days, as the room for raw material price increases narrowed, price fluctuations of molybdenum chemicals and their products were relatively small.

II. Average prices of molybdenum products in July 2026

In July 2026, the average prices of most Chinese molybdenum products increased both month-on-month and year-on-year. Among them, the average price of molybdenum concentrate was RMB 5,293/ton-degree, increased by approximately 3.10% month-on-month, and increased by approximately 32.49% year-on-year; the average price of ferromolybdenum was RMB 333,739/ton, increased by approximately 3.28% month-on-month, and increased by approximately 30.77% year-on-year; the average price of molybdenum oxide was RMB 5,369/ton-degree, increased by approximately 3.17% month-on-month, and increased by approximately 30.19% year-on-year; the average price of sodium molybdate was RMB 228,609/ton, increased by approximately 1.88% month-on-month, and increased by approximately 26.42% year-on-year; the average price of ammonium tetramolybdate was RMB 321,000/ton, increased by approximately 2.46% month-on-month, and increased by approximately 32.10% year-on-year; the average price of ammonium heptamolybdate was RMB 327,000/ton, increased by approximately 2.48% month-on-month, and increased by approximately 32.30% year-on-year; the average price of molybdenum powder was RMB 603/kg, increased by approximately 1.17% month-on-month, and increased by approximately 34.30% year-on-year; the average price of molybdenum bars was RMB 608/kg, increased by approximately 1.16% month-on-month, and increased by approximately 27.20% year-on-year.

From January to July 2026, the average prices of most Chinese molybdenum products increased year-on-year. Among them, the average price of molybdenum concentrate was RMB 4,697/ton-degree, increased by approximately 29.64% year-on-year; the average price of ferromolybdenum was RMB 299,190/ton, increased by approximately 27.68% year-on-year; the average price of molybdenum oxide was RMB 4,784/ton-degree, increased by approximately 28.26% year-on-year; the average price of sodium molybdate was RMB 209,246/ton, increased by approximately 26.40% year-on-year; the average price of ammonium tetramolybdate was RMB 288,979/ton, increased by approximately 27.94% year-on-year; the average price of ammonium heptamolybdate was RMB 293,634/ton, increased by approximately 27.65% year-on-year; the average price of molybdenum powder was RMB 552/kg, increased by approximately 29.88% year-on-year; the average price of molybdenum bars was RMB 556/kg, increased by approximately 20.87% year-on-year.

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