Monthly Molybdenum Market Report May 2023

Contents
1. Market Highlights 4
2. Economy and Policy 4
2.1 1.48 million tax-related business entities newly established in April 4
2.1 The UN forecasts that the world economy would grow by 2.3% in 2023 4
2.1 State Administration of Taxation: From January to April, China added RMB468.9 billion in tax and fee reductions and tax rebate deferred fees 4
2.1 China's manufacturing sentiment hits a five-month low 4
3. Market Movements 4
3.1 Chinese Market 4
3.1.1 Molybdenum concentrate 45%min EXW China 4
3.1.2 Molybdenum oxide 50%min EXW China 4
3.1.3 Ferromolybdenum 60%min EXW China 4
3.1.4 Sodium molybdate 99%min EXW China 5
3.1.5 Ammonium tetramolybdate 56%min EXW China 5
3.1.6 Ammonium heptamolybdate 54%min EXW China 5
3.1.Asian Metal Copyright95%min EXW China 6 3.Asian Metal Copyright7 Molybdenum oxide 99.9%min EXW China 5
3.1.Asian Metal Copyright3 Chinese molybdenum powder producers' stocks up by 29.Asian Metal Copyright8 Molybdenum powder 99.95%min EXW China 5
3.1.Asian Metal Copyright27 HBIS Group ShiSteel invites bids for ferromolybdenum 10 4.Asian Metal Copyright9 Molybdenum bar 99.9%min EXW China 6
3.1.Asian Metal Copyright2 Molybdenum oxide 50%min EXW China 4 3.Asian Metal Copyright10 Molybdenum scrap-cutting 99.95%min EXW China 6
3.1.Asian Metal Copyright4.Asian Metal Copyright11 Molybdenum scrap-wire 99.95%min EXW China 6
3.1.12 Molybdenum oxide 57%min CIF China 6
3.2 International Market 6
3.2.1 Molybdenum oxide 57%min in warehouse Rotterdam 6
3.2.2 Ferromolybdenum 65%min in warehouse Rotterdam 7
3.2.3 Molybdenum oxide 57%min in South Korean ports 7
3.2.4 Ferromolybdenum 60%min prices in South Korean ports 7
3.2.5 Ferromolybdenum 60%min in warehouse Russia 7
3.2.6 Molybdenum oxide 57%min prices in Indian ports 7
3.2.7 Ferromolybdenum 60%min delivered India 8
3.2.8 Ferromolybdenum 65%min in warehouse Pittsburgh 8
4. Company News 8
4.1 Hengyang Valin Steel Tube invites bids for ferromolybdenum 8
4.2 Ansteel Machinery & Mill Roll invites bids for ferromolybdenum 8
4.3 Anyang Iron & Steel invites bids for molybdenum oxide 8
4.4 HBIS Group ShiSteel invites bids for ferromolybdenum 8
4.5 Hebei Puyang Iron and Steel invites bids for ferromolybdenum 8
4.6 Ansteel Cast Steel announces bidding result for ferromolybdenum 8
4.7 Yunnan Copper announces bidding result for molybdenum concentrate sales 8
4.8 Rizhao Steel Yingkou Medium Plate invites bids for ferromolybdenum 8
4.9 Shagang Group invites bids for molybdenum bar for superalloys 8
4.10 Wuhu Xinxing Ductile Iron Pipes invites bids for ferromolybdenum 8
4.11 Ansteel Heavy Machine invites bids for ferromolybdenum 9
4.12 Nanjing Iron and Steel announces bidding result for ferromolybdenum (60-C) 9
4.13 Xichang Steel & Vanadium invites bids for ferromolybdenum 9
4.14 Hengyang Valin Steel Tube invites bids for ferromolybdenum 9
4.15 Pangang Changcheng Special Steel announces bidding result for molybdenum bar 9
4.16 HBIS Group ShiSteel invites bids for ferromolybdenum 9
4.17 Ansteel Heavy Machine invites bids for ferromolybdenum 9
4.18 Pangang Changcheng Special Steel announces bidding result for ferromolybdenum 9
4.19 Fengning Xinyuan Mining stops molybdenum concentrate output 9
4.20 Gangzheng Longyan sells their MoO3 rotary kiln 9
4.21 Ansteel Machinery & Mill Roll invites bids for ferromolybdenum 9
4.22 Ansteel Metallurgical Powdery Materials invites bids for ferromolybdenum 9
4.23 Hengyang Valin Steel Tube invites bids for ferromolybdenum 9
4.24 JISCO Stainless Steel Branch announces bidding results for ferromolybdenum 9
4.25 Wuhu Xinxing Ductile Iron Pipes invites bids for ferromolybdenum 9
4.26 Ansteel Machinery & Mill Roll announces bidding result for ferromolybdenum 10
4.27 HBIS Group ShiSteel invites bids for ferromolybdenum 10
4.28 Hongjian Heavy Engineering announces bidding result for ferromolybdenum 10
4.29 Shandong Luyin New Material invites bids for ferromolybdenum 10
4.30 Pangang Changcheng Special Steel invites bids for ferromolybdenum 10
4.31 Pangang Changcheng Special Steel invites bids for molybdenum bar 10
4.32 Hengyang Valin Steel Tube invites bids for ferromolybdenum 10
4.33 Angang Heavy Machine announces bidding result for ferromolybdenum 10
4.34 HBIS Group ShiSteel invites bids for ferromolybdenum 10
4.35 Pangang Group Material Trading announces bidding result for ferromolybdenum 10
5. Producers Statistics 10
5.1 Molybdenum Concentrate 10
5.1.Asian Metal Copyright5.Asian Metal Copyright1 Chinese molybdenum concentrate producers' operating rate down by 5.5% YoY in May 10
5.1.Asian Metal Copyright1.Asian Metal Copyright2 China's molybdenum concentrate producers' output down by 6.9% YoY in May 11
5.1.Asian Metal Copyright3 Chinese ammonium molybdate producers' stocks up by 23.Asian Metal Copyright3 Chinese molybdenum concentrate producers' stocks up by 45.1% YoY in May 11
5.2 Ferromolybdenum 11
5.2.Asian Metal Copyright8 Ferromolybdenum 65%min in warehouse Pittsburgh 8 4.Asian Metal Copyright1 Chinese ferromolybdenum producers' operating rate down by 23.4% YoY in May 11
5.2.Asian Metal Copyright93% YoY in Apr 2023 19 6.Asian Metal Copyright2 Chinese ferromolybdenum producers' output up by 16.4% YoY in May 12
5.2.Asian Metal Copyright12 Nanjing Iron and Steel announces bidding result for ferromolybdenum 60-C 9 4.Asian Metal Copyright3 Chinese ferromolybdenum producers' stocks down by 30.8% YoY in May 12
5.3 Sodium Molybdenum 13
5.3.Asian Metal Copyright4% YoY in May 12 5.Asian Metal Copyright1 Chinese sodium molybdate producers' operating rate down by 13.3% YoY in May 13
5.3.Asian Metal Copyright2.Asian Metal Copyright2 Chinese sodium molybdate producers' output down by 13.3% YoY in May 13
5.3.Asian Metal Copyright8 Ferromolybdenum 65%min in warehouse Pittsburgh 8 4.Asian Metal Copyright3 Chinese sodium molybdate producers' stocks up by 61.5% YoY in May 13
5.4 Ammonium Molybdenum 14
5.4.Asian Metal Copyright2.Asian Metal Copyright1 Chinese ammonium molybdate producers' operating rate down by 4.0% YoY in May 14
5.4.Asian Metal Copyright5 Ferromolybdenum 60%min in warehouse Russia 24 8.Asian Metal Copyright2 Chinese ammonium molybdate producers' output down by 7.0% YoY in May 14
5.4.Asian Metal Copyright1 Molybdenum concentrate 45%min EXW China 23 8.Asian Metal Copyright3 Chinese ammonium molybdate producers' stocks up by 23.6% YoY in May 15
5.5 Molybdenum Powder 15
5.5.Asian Metal Copyright2 Molybdenum oxide 50%min EXW China 4 3.Asian Metal Copyright1 Chinese molybdenum powder producers' operating rate up by 0.6% MoM in May 15
5.5.Asian Metal Copyright Relevant Industry News 23 7.Asian Metal Copyright2 Chinese molybdenum powder producers' output down by 10.9% YoY in May 15
5.5.Asian Metal Copyright21% YoY in Apr 2023 18 6.Asian Metal Copyright3 Chinese molybdenum powder producers' stocks up by 29.6% YoY in May 16
6. Import and export statistics 16
6.1 China's molybdenum concentrate import volume decreased 41.18% YoY in Apr 2023 16
6.2 China's molybdenum concentrate import volume decreased 41.18% YoY in Apr 2023 17
6.3 China's wrought molybdenum export volume increased 64.21% YoY in Apr 2023 18
6.4 China's ferro-molybdenum export volume decreased 36.93% YoY in Apr 2023 19
6.5 China's molybdenum powder export volume increased 84.09% MoM in Apr 2023 20
6.6 China's molybdenum wire export volume fell 11.57% YoY in Apr 2023 21
6.7 China's molybdenum articles export volume fell 66.42% MoM in Apr 2023 22
7. Relevant Industry News 23
7.1 Price trend analysis of downstream molybdenum products 23
8. Market Outlook for Next Month 23
8.1 Chinese market 23
8.1.1 Molybdenum concentrate 45%min EXW China 23
8.1.2 Molybdenum oxide 50%min EXW China 23
8.1.3 Ferromolybdenum 60%min EXW China 23
8.1.4 Sodium molybdate 99%min EXW China 23
8.1.5 Ammonium tetramolybdate 56%min EXW China 23
8.1.6 Ammonium heptamolybdate 54%min EXW China 23
8.1.Asian Metal Copyright26 Ansteel Machinery Mill Roll announces bidding result for ferromolybdenum 10 4.Asian Metal Copyright7 Molybdenum oxide 99.9%min EXW China 23
8.1.Asian Metal Copyright3% YoY in May 13 5.Asian Metal Copyright8 Molybdenum powder 99.95%min EXW China 23
8.1.Asian Metal Copyright7 Molybdenum oxide 99.Asian Metal Copyright9 Molybdenum scrap-cutting 99.95%min EXW China 23
8.1.Asian Metal Copyright1 State Administration of Taxation: From January to April, China added RMB468.Asian Metal Copyright10 Molybdenum scrap-wire 99.95%min EXW China 23
8.1.11 Molybdenum oxide 57%min CIF China 23
8.2 International market 23
8.2.1 Molybdenum oxide 57%min in warehouse Rotterdam 23
8.2.2 Ferromolybdenum 65%min in warehouse Rotterdam 23
8.2.3 Molybdenum oxide 57%min prices in South Korean ports 24
8.2.4 Ferromolybdenum 60%min prices at South Korean ports 24
8.2.5 Ferromolybdenum 60%min in warehouse Russia 24
8.2.6 Molybdenum oxide 57%min in Indian ports 24
8.2.7 Ferromolybdenum 60%min delivered India 24
8.2.8 Ferromolybdenum 65%min in warehouse Pittsburgh 24
.Asian Metal Copyright95%min EXW China 5 3Asian Metal Copyright