Monthly Molybdenum Market Report Feb 2024

Contents

1. Market Highlights 3
2. Economy and Policy 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 3
3.1.5 Ammonium tetramolybdate 56%min EXW China 3
3.1.6 Ammonium heptamolybdate 54%min EXW China 4
3.1.Asian Metal Copyright1.Asian Metal Copyright7 Molybdenum oxide 99.9%min EXW China 4
3.1.Asian Metal Copyright03% MoM in Nov 2023 14 6.Asian Metal Copyright8 Molybdenum powder 99.95%min EXW China 4
3.1.Asian Metal Copyright7 Ferromolybdenum 60%min delivered India 6 3.Asian Metal Copyright9 Molybdenum bar 99.9%min EXW China 4
3.1.Asian Metal Copyright1.Asian Metal Copyright10 Molybdenum scrap-cutting 99.95%min EXW China 4
3.1.Asian Metal Copyright4.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 5
3.2.3 Molybdenum oxide 57%min in South Korean ports 5
3.2.4 Ferromolybdenum 60%min prices in South Korean ports 5
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 6
3.2.8 Ferromolybdenum 65%min in warehouse Pittsburgh 6
4. Company News 6
4.1 Zijin Mining gets approval to expand production at Julong Copper 6
4.2 Seabridge Gold finds expanded copper-molybdenum resources at KSM project 7
4.3 Hot Chili reports increase in copper-molybdenum resource at Costa Fuego project 7
4.4 Fushun Special Steel invites bids for molybdenum metal 7
4.5 Shagang Group invites bids for molybdenum bar 7
4.6 Hunan Shizhuyuan invites bids to sell molybdenum concentrate 7
4.7 Liangshan Mining invites bids to sell molybdenum concentrate 7
4.8 Yunnan Diqing Nonferrous Metals invites bids to sell molybdenum concentrate 7
4.9 Pangang Group Material Trading invites bids for molybdenum bar 7
4.10 Ansteel Metallurgical Powder invites bids for ferromolybdenum 7
4.11 Ansteel Roll announces bid result for ferromolybdenum 7
4.12 Ansteel Cast Steel invites bids for ferromolybdenum 7
4.13 Dongbei Special Steel invites bids for ferromolybdenum 7
4.14 Fushun Special Steel invites bids for ferromolybdenum 7
4.15 Hengyang Valin Steel Tube invites bids for ferromolybdenum 7
4.16 Pangang Group Material Trading announces bid result for ferromolybdenum 7
4.17 Ansteel Metallurgical Powder announces bid result for ferromolybdenum 7
4.18 JISCO Stainless Steel Branch invites bids for ferromolybdenum 7
4.19 Liaoning Hengtong invites bids for ferromolybdenum 8
4.20 Shagang Group invites bids for high-copper ferromolybdenum 8
4.21 Ansteel Roll invites bids for ferromolybdenum 8
4.22 Hengyang Valin Steel Tube invites bids for ferromolybdenum 8
4.23 Liaoning Hengtong announces bid result for ferromolybdenum 8
4.24 Pangang Group Material Trading invites bids for ferromolybdenum 8
5. Producers Statistics 8
5.1 Molybdenum Concentrate 8
5.1.1 Chinese molybdenum concentrate producers' operating rate 8
5.1.2 China's molybdenum concentrate producers' output 8
5.1.3 Chinese molybdenum concentrate producers' stocks 9
5.2 Ferromolybdenum 9
5.2.1 Chinese ferromolybdenum producers' operating rate 9
5.2.2 Chinese ferromolybdenum producers' output 9
5.2.3 Chinese ferromolybdenum producers' stocks 10
5.3 Sodium Molybdenum 10
5.3.1 Chinese sodium molybdate producers' operating rate 10
5.3.2 Chinese sodium molybdate producers' output 11
5.3.3 Chinese sodium molybdate producers' stocks 11
5.4 Ammonium Molybdenum 11
5.4.1 Chinese ammonium molybdate producers' operating rate 11
5.4.2 Chinese ammonium molybdate producers' output 12
5.4.3 Chinese ammonium molybdate producers' stocks 12
5.5 Molybdenum Powder 12
5.5.1 Chinese molybdenum powder producers' operating rate 12
5.5.2 Chinese molybdenum powder producers' output 13
5.5.3 Chinese molybdenum powder producers' stocks 13
6. Import and export statistics 14
6.1 India's molybdates export volume rose 131.03% MoM in Nov 2023 14
6.2 Brazil's roasted molybdenum import volume decreased 34.80% MoM in Nov 2023 14
6.3 United States' molybdates import volume decreased 29.10% MoM in Nov 2023 15
6.4 United States' molybdenum scrap import volume increased 22.83% YoY in Nov 2023 16
7. Market Outlook for Next Month 17
7.1 Chinese market 17
7.1.1 Molybdenum concentrate 45%min EXW China 17
7.1.2 Molybdenum oxide 50%min EXW China 17
7.1.3 Ferromolybdenum 60%min EXW China 17
7.1.4 Sodium molybdate 99%min EXW China 17
7.1.5 Ammonium tetramolybdate 56%min EXW China 17
7.1.6 Ammonium heptamolybdate 54%min EXW China 17
7.1.Asian Metal Copyright9 Pangang Group Material Trading invites bids for molybdenum bar 7 4.Asian Metal Copyright7 Molybdenum oxide 99.9%min EXW China 17
7.1.Asian Metal Copyright2.Asian Metal Copyright8 Molybdenum powder 99.95%min EXW China 17
7.1.Asian Metal Copyright2.Asian Metal Copyright9 Molybdenum scrap-cutting 99.95%min EXW China 17
7.1.Asian Metal Copyright1.Asian Metal Copyright10 Molybdenum scrap-wire 99.95%min EXW China 17
7.1.11 Molybdenum oxide 57%min CIF China 17
7.2 International market 17
7.2.1 Molybdenum oxide 57%min in warehouse Rotterdam 17
7.2.2 Ferromolybdenum 65%min in warehouse Rotterdam 17
7.2.3 Molybdenum oxide 57%min prices in South Korean ports 17
7.2.4 Ferromolybdenum 60%min prices at South Korean ports 17
7.2.5 Ferromolybdenum 60%min in warehouse Russia 17
7.2.6 Molybdenum oxide 57%min in Indian ports 17
7.2.7 Ferromolybdenum 60%min delivered India 17
7.2.8 Ferromolybdenum 65%min in warehouse Pittsburgh 17


.Asian Metal Copyright2 Molybdenum oxide 50%min EXW China 3 3Asian Metal Copyright