Molybdenum market update on December 5, 2025
This week, the domestic molybdenum market exhibited a sideways consolidation trend. Amid the interplay of bullish and bearish factors, traders showed low enthusiasm for entering the market, product prices fluctuated within a reasonable range, and order growth remained moderate. From the bullish perspective, influenced by strong production cost support, acceptable downstream inquiries, and limited increase in spot market supply, suppliers generally held strong reluctance to sell while supporting prices, with low willingness to actively reduce prices for shipments. From the bearish perspective, industry players remained cautious about the short-term outlook, steel enterprises continued to press down ferromolybdenum procurement prices, and international molybdenum prices trended weakly downward; these multiple factors jointly suppressed the upside for domestic molybdenum prices.
According to the China Iron and Steel Association, in late November 2025, social inventory of the five major steel varieties in 21 cities totaled 8.33 million tonnes, decreased by 380,000 tonnes month-on-month, down 4.4%; increased by 1.74 million tonnes from the beginning of the year, up 26.4%; increased by 1.50 million tonnes year-on-year, up 22.0%. During the same period, social inventory of all five major steel varieties decreased to varying degrees month-on-month, with rebar recording the largest volume reduction and wire rod showing the largest percentage decline; year-on-year, inventories of all varieties increased, with rebar posting the largest volume increase and cold-rolled coil showing the highest percentage increase.
Price of molybdenum products on December 5, 2025
Images of molybdenum screw
