Molybdenum Market - September 7, 2026

Image of molybdenum sheetMolybdenum market update on September 7, 2026

On Monday, the overall domestic molybdenum market maintained stable operation, with the prices of molybdenum concentrate, ferromolybdenum, and molybdenum oxide at approximately RMB 5,440/ton-degree, RMB 341,000/ton, and RMB 5,550/ton-degree, respectively.

From the perspective of bullish factors, the high-temperature flood season and frequent natural disasters have slowed down the mining pace of some molybdenum mining enterprises, coupled with limited imports of overseas molybdenum products and stable downstream demand, resulting in tightening spot market supply. From the perspective of bearish factors, against the background of a complex and changing global economic situation, relatively high current molybdenum prices, and tight working capital for downstream users, the market inquiry atmosphere was generally moderate.

In terms of news, data from the China Iron and Steel Association shows that in July 2026, China exported 2.56 million tons of primary products (steel billets, pig iron, direct reduced iron, and recycled steel raw materials), decreased by 10.8% month-on-month; imported 196,000 tons of primary products, decreased by 47.4% month-on-month. From January to July, China's cumulative exports of primary products were 12.198 million tons, increased by 62.8% year-on-year; cumulative imports of primary products were 1.878 million tons, increased by 87.2% year-on-year.

Price of molybdenum products on September 7, 2026

Molybdenum price picture on September 7, 2026

Image of molybdenum sheet

Image of molybdenum sheet

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