In October 2025, China molybdenum prices exhibited an initial rise followed by a decline. In October, the average price of molybdenum concentrate was RMB 4,408 per ton-unit, increased by 17.30% year-on-year; the average price of ferromolybdenum was RMB 279,667 per ton, increased by 15.16% year-on-year; the average price of molybdenum oxide was RMB 4,511 per ton-unit, increased by 17.54% year-on-year; the average price of ammonium heptamolybdate was RMB 271,944 per ton, increased by 16.45% year-on-year; the average price of molybdenum powder was RMB 501 per kilogram, increased by 15.17% year-on-year; and the average price of molybdenum bar was RMB 506 per kilogram, increased by 8.82% year-on-year.
