Molybdenum Import And Export Trends

◼ Foreign mines reduce production, imports decline from 2020. From 2017 onwards, the net import value of raw materials such as molybdenum concentrates increased year by year due to the domestic supply and demand gap, followed by a gradual decline in imports from 2020-2022 as foreign production cuts. ◼ Ferromolybdenum overall export-oriented, 21 years hit a record high. 2017-2020 exports declined slightly in a row, 2021 total net exports of ferromolybdenum 15,250 tons, a record high, followed by a gradual decline, the reasons include 2020 by the impact of the epidemic, resulting in the spot tightness of the overseas market, leading to 21 years of overseas procurement increased, ferromolybdenum exports surge. After 21 years, the export volume gradually declined.