The price trend of molybdenum in China in March 2025 showed an initial decline followed by a rise, with the total steel procurement volume at approximately 15,000 tons. In terms of average prices, the average price of molybdenum concentrate in March was 3,403 yuan/ton degree, down 4.57% month-on-month; the average price of ferromolybdenum was 222,333 yuan/ton, down 3.38% month-on-month; the average price of molybdenum oxide was 3,520 yuan/ton degree, down 3.98% month-on-month; the average price of ammonium heptamolybdate was 221,952 yuan/ton, down 2.65% month-on-month; and the average price of molybdenum powder was 407 yuan/kg, down 4.24% month-on-month.