Molybdenum News

Tungsten News
Molybdenum Market Update – April 8, 2025 66

Molybdenum market update on April 8, 2025 The domestic molybdenum market in China has generally maintained a weak but stable performance. Against the backdrop of a relatively balanced supply-demand relationship and the escalation of the China-US trade war, market enthusiasm remains moderate, and product prices have shown no significant changes for the time being. From the supply side, factors such as increasingly stringent environmental policies, high energy costs, and the difficulty in raising molybdenum product prices have slowed the capacity…

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Molybdenum Market Update – April 7, 2025 77

Molybdenum market update on April 7, 2025 At the start of the week, China’s domestic molybdenum market maintained stable operations. With suppliers showing little inclination to lower prices and buyers adhering to rigid demand patterns, market trading activity remained subdued, and product prices exhibited no significant fluctuations. Today, prices for molybdenum concentrate, ferromolybdenum, and ammonium heptamolybdate stabilized at approximately 3,400 CNY/ton-degree, 222,000 CNY/ton, and 219,000 CNY/ton, respectively. Recently, steel companies entering the market to tender for ferromolybdenum include Hengyang Valin…

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China Imposes 34% Tariffs on the United States, Which Will Affect the Molybdenum Industry 92

On April 4, 2025, the Customs Tariff Commission of the State Council of China announced that, effective from 12:01 on April 10, 2025, a 34% tariff will be imposed on all goods imported from the United States, in addition to the existing applicable tariff rates. Goods that departed their point of origin before 12:01 on April 10, 2025, and are imported between that time and 24:00 on May 13, 2025, will be exempt from this additional tariff. Given the limited…

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Molybdenum Market Update – April 2, 2025 149

Molybdenum market update on April 2, 2025 The domestic molybdenum market as a whole maintains stable operation. With the relatively balanced supply and demand relationship and the absence of major positive news released in the market, most traders conduct rigid transactions. As a result, product prices fluctuate within a narrow range, and the growth rate of orders is also relatively gentle. In the molybdenum concentrate market, the transaction prices of products are basically below 3,400 yuan per ton-degree. Affected by…

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Full Chart and Commentary on the Price Trend of Molybdenum Products in China in March 2025 94

I. Analysis of China’s Molybdenum Price Trends in March 2025 According to China Tungsten Online, the price trend of molybdenum products in China during March 2025 exhibited a pattern of initial decline followed by a rebound. From the beginning to the middle of the month, the molybdenum market faced multiple downward pressures: steel companies, driven by cost considerations, continuously suppressed molybdenum iron procurement prices, squeezing the profit margins of molybdenum suppliers; the international molybdenum market lacked upward momentum, displaying overall…

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Molybdenum Market Update – March 31, 2025 78

Molybdenum market update on March 31, 2025 At the beginning of the week, the domestic molybdenum market as a whole maintained a sideways operation, mainly reflected in the fact that the prices of most products have not changed significantly and traders have basically maintained rigid transactions. Today, the prices of molybdenum concentrate, ferromolybdenum and ammonium heptamolybdate are about 3,400 yuan/ton, 222,000 yuan/ton and 219,000 yuan/ton, respectively. According to China Tungsten Online, affected by the volatile rise in molybdenum prices last…

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Chongqing: Manganese Ore Survey and Molybdenum-Vanadium Ore Exploration 55

According to a report from the iNature website, the 607 Geological Team of the Chongqing Geological and Mineral Bureau, during the key mineral exploration project in Chongqing—the “Xiushan County Ganzhiba Manganese Mine Reconnaissance”—transformed a singular focus on manganese exploration into a comprehensive survey that also included molybdenum and vanadium. This effort led to the discovery of a secondary manganese mineralization center in the Xiaochayuan area, indicating significant prospecting potential in the peripheral regions. This breakthrough in integrated exploration for manganese,…

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Two New Molybdenum Bases Will Be Added in Xinjiang in 2024 55

According to a report from the iNature website, in 2024, the Xinjiang Uygur Autonomous Region leveraged its resource endowments and geographical advantages to continue implementing a new round of strategic breakthroughs in mineral exploration. This effort resulted in the addition of six large-scale resource bases: the Yumin Sujiuhe 500,000-ton molybdenum base, the Shanshan Nanhu Gobi-Quelridge million-ton copper-molybdenum base, the Hami Weiya-Niumaoquan billion-ton iron and ten-million-ton titanium base, the Atushen Puchang-Karajun billion-ton iron and ten-million-ton titanium base, the Qiemo-Ruoqiang trillion-cubic-meter shale…

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Molybdenum Market Update – March 28, 2025 74

Molybdenum market update on March 28, 2025 This week, domestic molybdenum price exhibited an overall trend of fluctuating upward movement, primarily attributed to strong reluctance to sell and bullish sentiment among molybdenum mining companies in recent days, rising steel tender prices, steady downstream demand, and a relatively favorable non-ferrous metals market. However, as molybdenum product prices increased, downstream users became more cautious due to heightened price concerns, and with limited liquidity, market demand struggled to grow further. According to China…

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Molybdenum Market Update – March 27, 2025 101

Molybdenum market update on March 27, 2025 The overall focus of domestic molybdenum price continues to shift slightly upward, with molybdenum concentrate prices rising by approximately 20 yuan per ton-degree, breaking through the 3,400 yuan per ton-degree threshold, while ferromolybdenum and molybdate prices each increased by about 1,000 yuan per ton. Under these circumstances, price negotiations among traders have intensified, mainly reflected in smaller price increase margins and a reduction in downstream inquiries. According to China Tungsten Online, the main…

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