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Molybdenum Market – July 22, 2025

Molybdenum market update on July 22, 2025

The domestic molybdenum market exhibits an overall stable but weak pattern, primarily characterized by a continued slight decline in molybdenum raw material prices, low trading sentiment among traders, and slow order growth. However, supported by strong production costs and the continuous introduction of favorable policies, suppliers have limited room for price concessions.

In the molybdenum concentrate market, product quotation has decreased to around 3,960 yuan per ton-degree, mainly due to weakening steel tender prices and the still relatively high molybdenum concentrate price, which have reduced the procurement enthusiasm of ferromolybdenum manufacturers, thereby weakening suppliers’ confidence in maintaining stable prices. In the ferromolybdenum market, the overall trend remains sideways, with steel companies offering low prices for ferromolybdenum and tight supply of low-priced sources creating a contradiction, leading holders to maintain rational pricing and limited spot transactions. In the molybdenum chemicals and products market, the situation is lukewarm. Despite a decline in upstream market price support, the price reduction for products is minimal, and end customers maintain essential demand, resulting in stable prices for molybdates and other molybdenum chemical products.

According to data from the National Bureau of Statistics, in the second quarter of 2025, the capacity utilization rate of industrial enterprises above the designated scale nationwide was 74.0%, decreasing by 0.1 percentage points from the previous quarter and by 0.9 percentage points from the same period last year. Specifically, the capacity utilization rate was 71.9% for the chemical raw materials and chemical products manufacturing industry, 62.3% for the non-metallic mineral products industry, 80.8% for the ferrous metal smelting and rolling industry, 77.7% for the non-ferrous metal smelting and rolling industry, 78.3% for the general equipment manufacturing industry, 76.5% for the specialized equipment manufacturing industry, 71.3% for the automotive manufacturing industry, and 73.5% for the electrical machinery and equipment manufacturing industry.

Price of molybdenum products on July 22, 2025

Molybdenum price picture on July 22, 2025

Molybdenum crucible picture

Molybdenum crucible picture

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