Monthly Molybdenum Market Report Nov 2024

Contents
1. Market Highlights 3
2. Economy and Policy 3
2.1 China passes revised mineral resources law 3
2.2 Jiangxi Yunqi to build 7ktpa ternary precursor project 3
2.3 Guizhou's latest round of mineral exploration achieves significant results 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 Copyright2 Ferromolybdenum 8 5.Asian Metal Copyright7 Molybdenum oxide 99.9%min EXW China 4
3.1.Asian Metal Copyright1 Jiangxi Yunqi to build 7ktpa ternary precursor project 7 4.Asian Metal Copyright8 Molybdenum powder 99.95%min EXW China 4
3.1.Asian Metal Copyright1 Chinese ferromolybdenum producers' operating rate 8 5.Asian Metal Copyright9 Molybdenum bar 99.9%min EXW China 5
3.1.Asian Metal Copyright3 Chinese ammonium molybdate producers' inventories 10 5.Asian Metal Copyright10 Molybdenum scrap-cutting 99.95%min EXW China 5
3.1.Asian Metal Copyright3.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 Jiangxi Yunqi to build 7ktpa ternary precursor project 7
4.2 Shaanxi Hengchang to cease ammonium heptamolybdate production 7
4.3 Weinan Yucheng New Material Technology resumes molybdenum powder 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 7
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 8
5.3 Sodium Molybdenum 8
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 9
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 10
6.1 China's molybdenum concentrate import volume declined 28.94% MoM in Oct 2024 10
6.2 China's molybdenum scrap export volume fell 19.81% MoM in Sep 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 decreased 31.53% YoY in Aug 2024 14
6.7 United States' wrought molybdenum export volume rose 28.74% YoY in Jul 2024 15
6.8 United States' molybdenum scrap import volume grew 47.87% MoM in Jul 2024 16
6.9 United States' molybdenum Concentrate import volume increased 58.89% YoY in Jul 2024 17
.Asian Metal Copyright5 Ferromolybdenum 60%min in warehouse Russia 6 3Asian Metal Copyright