Molybdenum market update on December 15, 2025
On Monday, the domestic molybdenum market overall maintained a stable and slightly weak trend. As downstream users' enthusiasm for inquiries and procurement decreased and production costs provided insufficient support for product prices, some molybdenum mining enterprises lowered their quotations. Today, the prices of molybdenum concentrate and molybdenum oxide both decreased by approximately RMB 20 per ton-degree. However, it is worth noting that in order to avoid the risk of cost-profit inversion, the quotations from intermediate molybdenum smelting enterprises and chemical enterprises showed no significant changes. Among them, the prices of ferromolybdenum, sodium molybdate, and molybdenum powder are approximately RMB 240,000 per ton, RMB 173,000 per ton, and RMB 238,000 per ton, respectively.
In terms of news, data from the National Bureau of Statistics showed that in November, the value-added output of industries above the designated size increased by 4.8% year-on-year and increased by 0.44% month-on-month. Among 623 types of products from industries above the designated size, 310 types saw year-on-year growth in output. Specifically, steel output was 115.91 million tons, decreased by 2.6% year-on-year; output of ten nonferrous metals was 6.99 million tons, increased by 4.7% year-on-year; ethylene output was 3.09 million tons, increased by 7.3% year-on-year; automobile output was 3.519 million units, increased by 2.4% year-on-year, including 1.841 million new energy vehicles, increased by 17.0% year-on-year; electricity generation was 779.2 billion kilowatt-hours, increased by 2.7% year-on-year.
Price of molybdenum products on December 15, 2025

Images of molybdenum copper sheet
