In May 2025, China’s molybdenum price trend was initially stable before experiencing a significant surge. In terms of average prices, molybdenum concentrate averaged 3,583 yuan/ton-degree, increased by 6.83% month-on-month; ferromolybdenum averaged 233,737 yuan/ton, increased by 7.38% month-on-month; molybdenum oxide averaged 3,667 yuan/ton-degree, increased by 5.83% month-on-month; ammonium heptamolybdate averaged 226,947 yuan/ton, increased by 4.15% month-on-month; and molybdenum powder averaged 425 yuan/kg, increased by 5.20% month-on-month.
