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Molybdenum Market - August 14, 2026

Molybdenum market update on August 14, 2026

This week, the overall domestic molybdenum market slowly heated up, mainly manifested in the effective breaking of the stalemate between buyers and sellers, a slight upward shift in the price center of gravity of molybdenum raw materials, and an increase in spot orders.

From the bullish side, factors such as extreme weather, frequent natural disasters in many regions, strong environmental supervision, and the current consumption off-season have all had a certain negative impact on the production pace of molybdenum manufacturers, resulting in slow growth of spot market supply. Coupled with the promising development prospects of high-end manufacturing, molybdenum suppliers have stronger willingness to hold back sales and expect price increases. From the bearish side, with the continuous rise in raw material prices and the persistently tight funding for downstream molybdenum production enterprises, future market inquiry and purchasing enthusiasm may gradually decline.

According to CTIA GROUP statistics, this week, the price of molybdenum concentrate increased by approximately RMB 30/ton-degree, up 0.56%; the price of ferromolybdenum increased by approximately RMB 4,000/ton, up 1.19%; the price of sodium molybdate increased by approximately RMB 1,000/ton, up 0.43%; the price of molybdenum oxide increased by approximately RMB 30/ton-degree, up 0.55%; the prices of ammonium heptamolybdate and molybdenum powder showed no significant fluctuations for the time being. In terms of fluctuation magnitude, the price changes of molybdenum raw materials and intermediate products this week were greater than those of molybdenum chemical products.

In terms of news, data from the China Iron and Steel Association shows that in early August 2026, the social inventory of steel products in five major categories across 21 cities was 9.86 million tons, increased by 60,000 tons month-on-month, up 0.6%, with small inventory fluctuations; increased by 2.65 million tons from the beginning of the year, up 36.8%; increased by 1.83 million tons compared with the same period last year, up 22.8%. Among them, East China was the region with the largest increase, North China was the region with the largest rise, South China was the region with the largest decrease and the largest decline, and inventory in Northwest China remained flat month-on-month.

Price of molybdenum products on August 14, 2026

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