China's Molybdenum Oxide Import and Export Data in March 2025

[ SMM Molybdenum Daily Review: Overseas Molybdenum Market Rose, Coupled With Increased Stocking Demand From Domestic Steel Mills, Molybdenum Market Increased ] SMM February 4 News: Today, the domestic molybdenum market rebounded slightly. The international molybdenum oxide market held up well, boosting domestic market sentiment. On February 3, a mine in Yunnan auctioned molybdenum concentrate, with the final transaction price rising to 4,115 yuan/mtu, driving up the center of spot order negotiations in the domestic market. Today, prices of major domestic molybdenum products, including molybdenum concentrate, ferromolybdenum, and molybdenum chemicals, generally rose, and market trading sentiment was active.

[SMM Molybdenum Daily Review: Post-Holiday Ore Rebound, Ferromolybdenum Tender Center Moves Up] SMM January 5: After the holiday, the domestic molybdenum market rebounded rapidly, with the transaction price center for molybdenum concentrate rising significantly. Driven by strong cost pressures, ferromolybdenum enterprises held back sales and maintained firm quotations. Steel mills faced difficulties in negotiating tender prices, and actual transaction prices moved upward. On January 4, a steel mill in Guangdong issued a tender price of 255,000 yuan/mt, while mainstream market quotations were concentrated in the range of 255,000–258,000 yuan/mt. Downstream steel mills exhibited strong wait-and-see sentiment, and their purchasing activity slowed down.