[Molybdenum Oxide Import and Export Information] SMM News, March 21: Customs data showed that China imported 2,629 mt of molybdenum oxide (physical content) in February 2026, up 386.78% YoY and up 28.12% MoM. Cumulative imports of molybdenum oxide in January-February totaled 4,680 mt (physical content), up 427.03% YoY. In February 2026, China exported 689 mt of molybdenum oxide (physical content), down 43.96% YoY and down 32.2% MoM. Cumulative exports of molybdenum oxide in January-February totaled 1,706 mt (physical content), down 25.90% YoY.

SMM, February 24: During the holiday period, trading in the domestic molybdenum market was scarce, and the market entered a closed state. The international molybdenum oxide price surged and then retreated. Before the holiday, stimulated by the sudden accident at a U.S. molybdenum enterprise and the earlier production cut news from Chilean copper-molybdenum mines, the international molybdenum oxide price briefly hit a high of 36 USD/lb Mo.

[ SMM Molybdenum Daily Review: Overseas Molybdenum Market Rose, Coupled With Increased Stocking Demand From Domestic Steel Mills, Molybdenum Market Increased ] SMM February 4 News: Today, the domestic molybdenum market rebounded slightly. The international molybdenum oxide market held up well, boosting domestic market sentiment. On February 3, a mine in Yunnan auctioned molybdenum concentrate, with the final transaction price rising to 4,115 yuan/mtu, driving up the center of spot order negotiations in the domestic market. Today, prices of major domestic molybdenum products, including molybdenum concentrate, ferromolybdenum, and molybdenum chemicals, generally rose, and market trading sentiment was active.

On the raw material side, the supply of molybdenum concentrate is tight, and suppliers are increasingly reluctant to sell, making it difficult to find low-priced cargo in the market.

China's molybdenum oxide exports in March 2025 reached 1,270.00 mt, up 3.23% MoM, while imports stood at 1,293.50 mt, up 139.54% MoM.

In February 2025, China's molybdenum oxide exports were 1,230.21 mt, up 14.70% MoM, and imports were 540 mt, up 55.23% MoM.

In January 2025, China's molybdenum oxide exports were 1,072.57 mt, down 23.22% MoM, and imports were 347.88 mt, down 40.02% MoM.

During the Chinese New Year period, our production lines with an annual capacity of 20,000 mt of molybdenum oxide and 10,000 mt of ferromolybdenum were also undergoing continuous trial production. They officially commenced production in mid-January, and by mid-February, over 300 mt of products had been exported, achieving an industrial output value of 80 million yuan. At the current pace, monthly production can reach 400 mt of molybdenum oxide and 320 mt of ferromolybdenum, with an estimated annual output value of 3.2 billion yuan. Molybdenum concentrate undergoes processes such as drying and roasting in the No. 1 new-type energy-saving rotary kiln to produce molybdenum oxide and other products. As molybdenum and sulfur are associated, the production of molybdenum-based products results in sulphuric acid as a by-product. For downstream enterprises in the park, sulphuric acid becomes a readily available raw material. Through high-temperature roasting, sulfur is removed to form sulfur dioxide tail gas, which is then neutralized via environmental protection facilities to produce the by-product calcium sulfate, which can be used as an additive in nearby cement plants. As a key domestic base for phosphorus and phosphorus chemical industries, Fuquan leverages "phosphorus" to drive "molybdenum," transforming by-products into resources and accelerating the establishment of a resource-coupled ecological chain.

In December 2024, China's molybdenum oxide exports reached 1,396.95 mt, up 25.69% MoM, while imports were 580 mt, up 74.17% MoM.

[Golden Molybdenum Co., Ltd.: 2024 Net Profit Decreased by 3.18% YoY Due to the Decline in Molybdenum Product Prices Compared to the Same Period Last Year] The 2024 performance report released by Golden Molybdenum Co., Ltd. on the evening of January 16 shows that in 2024, the company achieved operating revenue of 135.5537 billion yuan (YoY increase of 17.55%), total profit of 39.0269 billion yuan (YoY decrease of 5.32%), and net profit attributable to shareholders of the publicly listed firm of 30.0047 billion yuan (YoY decrease of 3.18%).