Monthly Molybdenum Market Report Dec 2024

1. Market Highlights 3
2. Economy and Policy 3
2.1 China updates catalogue of encouraged industries in western region 3
2.2 China announces tariff changes for 2025 3
3. Market Movements 3
3.1 Chinese Market 3
3.1.1 Molybdenum concentrate 45%min EXW China 3
3.1.2 Molybdenum oxide 50%min EXW China 3
3.1.3 Ferromolybdenum 60%min EXW China 3
3.1.4 Sodium molybdate 99%min EXW China 4
3.1.5 Ammonium tetramolybdate 56%min EXW China 4
3.1.6 Ammonium heptamolybdate 54%min EXW China 4
3.1.Asian Metal Copyright Import and export statistics 11 6.Asian Metal Copyright7 Molybdenum oxide 99.9%min EXW China 4
3.1.Asian Metal Copyright1.Asian Metal Copyright8 Molybdenum powder 99.95%min EXW China 4
3.1.Asian Metal Copyright2 Chinese sodium molybdate producers' output 9 5.Asian Metal Copyright9 Molybdenum bar 99.9%min EXW China 5
3.1.Asian Metal Copyright2.Asian Metal Copyright10 Molybdenum scrap-cutting 99.95%min EXW China 5
3.1.Asian Metal Copyright3 China's molybdenum wire export volume fell 26.Asian Metal Copyright11 Molybdenum scrap-wire 99.95%min EXW China 5
3.1.12 Molybdenum oxide 57%min CIF China 5
3.2 International Market 5
3.2.1 Molybdenum oxide 57%min in warehouse Rotterdam 5
3.2.2 Ferromolybdenum 65%min in warehouse Rotterdam 6
3.2.3 Molybdenum oxide 57%min in South Korean ports 6
3.2.4 Ferromolybdenum 60%min prices in South Korean ports 6
3.2.5 Ferromolybdenum 60%min in warehouse Russia 6
3.2.6 Molybdenum oxide 57%min prices in Indian ports 6
3.2.7 Ferromolybdenum 60%min delivered India 7
3.2.8 Ferromolybdenum 65%min in warehouse Pittsburgh 7
4. Company News 7
4.1 Jiangsu Jinxin Tungsten Molybdenum suspends ferromolybdenum production 7
4.2 Huludao Tianhe Molybdenum industry to cease ferromolybdenum production 7
4.3 Guocheng Mining to tap into molybdenum resources through share acquisition 7
4.4 Sichuan Shenyuan Molybdenum Technology resumes molybdenum powder production 7
4.5 Jiangyan Jingleixin halts sodium molybdate production 7
5. Producers Statistics 7
5.1 Molybdenum Concentrate 7
5.1.1 Chinese molybdenum concentrate producers' operating rate 7
5.1.2 China's molybdenum concentrate producers' output 8
5.1.3 Chinese molybdenum concentrate producers' inventories 8
5.2 Ferromolybdenum 8
5.2.1 Chinese ferromolybdenum producers' operating rate 8
5.2.2 Chinese ferromolybdenum producers' output 8
5.2.3 Chinese ferromolybdenum producers' inventories 9
5.3 Sodium Molybdenum 9
5.3.1 Chinese sodium molybdate producers' operating rate 9
5.3.2 Chinese sodium molybdate producers' output 9
5.3.3 Chinese sodium molybdate producers' inventories 9
5.4 Ammonium Molybdenum 9
5.4.1 Chinese ammonium molybdate producers' operating rate 9
5.4.2 Chinese ammonium molybdate producers' output 10
5.4.3 Chinese ammonium molybdate producers' inventories 10
5.5 Molybdenum Powder 10
5.5.1 Chinese molybdenum powder producers' operating rate 10
5.5.2 Chinese molybdenum powder producers' output 10
5.5.3 Chinese molybdenum powder producers' inventories 10
6. Import and export statistics 11
6.1 China's operating rate of molybdenum concentrate producers decreased 5.72% YoY in Nov 11
6.2 China's molybdenum scrap export volume rose 50.30% MoM in Nov 2024 11
6.3 China's molybdenum wire export volume fell 26.45% YoY in Oct 2024 12
6.4 China's molybdenum concentrate export volume fell 63.06% YoY in Oct 2024 13
6.5 Japan's roasted molybdenum import volume fell 35.27% YoY in Aug 2024 13
6.6 India's molybdates export volume rose 28.08% YoY in Sep 2024 14
6.7 United States' wrought molybdenum export volume fell 16.72% MoM in Sep 15
6.8 United States' molybdenum scrap import volume declined 56.35% MoM in Aug 2024 16
6.9 United States' molybdenum Concentrate import volume declined 17.Asian Metal Copyright9 Molybdenum bar 99.Asian Metal Copyright28% YoY in Sep 2024 17.Asian Metal Copyright1Asian Metal Copyright