
Molybdenum market update on May 9, 2025 In the first week after the May Day holiday, the domestic molybdenum market in China continued its positive trend from before the holiday, driven by strong price-holding sentiment from molybdenum mining companies and increased inquiry and procurement activity from downstream users. However, due to recent continuous price increases and a gradual weakening of supportive factors, buyers’ concerns about high prices have intensified slightly, leading to a narrower price rise compared to the pre-holiday…