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Molybdenum market update on February 26, 2025 The domestic molybdenum market as a whole presented a steadily weak operating trend. In the complex situation where bullish and bearish factors were intertwined, buyers and sellers engaged in fierce price-setting battles, and most of them adopted a cautious wait-and-see stance, resulting in sluggish order growth. From the perspective of positive factors, first, the international molybdenum market has been performing well recently, and the international molybdenum price has been fluctuating upward. This has…

Molybdenum market update on February 25, 2025 The domestic molybdenum market as a whole remains in a stalemate. With the supply and demand relationship relatively balanced and no major news released in the market, traders are generally in a state of sentiment to enter the market, so the actual transaction volume is limited. At present, the industry focuses on the performance of steel bidding activities at the end of the month. In the molybdenum concentrate market, the transaction price of…

According to data from the United States Geological Survey (USGS), in 2024, the United States’ molybdenum concentrate production is expected to be 33,000 tons, a year-on-year decrease of about 2.94%, accounting for 12.69% of the world’s total production; the import volume of molybdenum ore and its concentrate is expected to be 16,000 tons, a year-on-year decrease of about 1.23%; the import volume of molybdenum primary products is expected to be 13,000 tons, a year-on-year decrease of about 3.70%; the export…

Molybdenum market update on February 24, 2025 At the beginning of the week, the domestic molybdenum market as a whole maintained a sideways trend. Under the influence of the slight increase in international molybdenum prices and the unrelieved price-cutting sentiment of steel companies, upstream and downstream companies in the industrial chain basically maintained rigid transactions, so that product prices did not fluctuate significantly and the order growth rate was slow. Today, the prices of molybdenum concentrate, ferromolybdenum and molybdenum oxide…

Molybdenum market update on February 21, 2025 This week, the domestic molybdenum market remained subdued. Influenced by factors such as fluctuating international molybdenum prices, steady downstream demand, persistent price pressure from steel companies, weakening production cost support, and increasing market supply, traders adopted a cautious wait-and-see approach. As a result, product prices showed minimal fluctuations. Ferromolybdenum prices experienced a slight decline of 0.43%, while prices for other molybdenum products remained relatively stable. According to China Tungsten Online, the Chinese molybdenum…

Recently, the United States Geological Survey (USGS) released the global molybdenum production and reserves in 2024, as well as the situation of the U.S. molybdenum industry. The following is the relevant content compiled by China Tungsten Online. Global Molybdenum Reserves and Production in 2024 In 2024, the estimated average U.S. molybdic oxide price decreased by 13% compared with that in 2023. Estimated U.S. total imports for consumption of molybdenum decreased slightly compared with those in 2023. Estimated U.S. total exports…

Molybdenum market update on February 20, 2025 The domestic molybdenum market as a whole maintained a stable operation, mainly reflected in the fact that traders basically maintained rigid transactions and product prices did not change significantly. In the short term, the shipment status of molybdenum mining enterprises and the trend of the international molybdenum market have become the focus of attention of industry insiders. According to China Tungsten Online, the current market positive factors include: First, the international molybdenum price…

Molybdenum market update on February 18, 2025 The domestic molybdenum market generally maintains a weakly consolidated operation. Amid the interweaving of bullish and bearish factors, the trading atmosphere among traders is rather subdued, leading to limited market trading volume and narrow-range fluctuations in product prices. From the perspective of bullish factors, first, due to stricter environmental policies, higher production costs, and more cold-weather conditions, the capacity release of many molybdenum mining enterprises is restricted. Moreover, with a large number of…

Molybdenum market update on February 17, 2025 At the beginning of the week, the domestic molybdenum market as a whole continued to maintain a sideways operation. Under the influence of factors such as stable downstream demand, low steel bids for ferromolybdenum, tepid international molybdenum market, and the gradual weakening of production costs to support product prices, suppliers basically maintained rational quotations. Today, the prices of molybdenum concentrate, ferromolybdenum and molybdenum oxide are about 3,560 yuan/ton, 230,000 yuan/ton and 3,660 yuan/ton,…