Molybdenum market update on June 4, 2025

The domestic molybdenum market is exhibiting a high-level sideways trend, with intense price negotiations between buyers and sellers due to interwoven bullish and bearish factors, leading to narrow price oscillations and limited transaction volumes.

Analysis of Latest Tungsten Market from Chinatungsten Online

The tungsten market continues to be in a state of divergence. The upstream cost transmission pressure and the lack of terminal consumption momentum form a balance. 

According to CTIA GROUP LTD, by the end of May 2025, a project in the Datong Town Industrial Functional Zone, Jiande City, Zhejiang Province, for producing 200 tons of tungsten electrode, 200 sets of U-rib welding machine, and 5,000 electrode sharpener annually, reached a key milestone. The main structure has been topped out, marking the start of the interior decoration phase. Concurrently, the procurement of production equipment is underway, with all construction tasks progressing orderly, aiming for production to begin in August.

Analysis of Latest Tungsten Market from Chinatungsten Online

At the beginning of June, after the Dragon Boat Festival holiday, the tungsten market continued to maintain a high and stable market. The industry waited and watched the new round of quotations from the main producing institutions and several representative tungsten enterprises.