Molybdenum market update on March 4, 2025

The domestic molybdenum market is in a mediocre situation. With the intertwined influence of positive and negative factors, traders basically maintain rigid transactions, resulting in a relatively dull trading atmosphere in the market, limited actual trading volume, and a slight lack of confidence among industry players in the future market.

Molybdenum market update on March 3, 2025

At the start of the week, the domestic molybdenum market generally exhibited a notable downward trend.

Analysis of latest tungsten market from Chinatungsten Online

On Monday, tungsten prices continued to exhibit a trend of weak stability. The market supply and demand relationship remained at an impasse, and the complex export environment raised concerns about demand for some smelting and alloy products.

On February 24, according to the Guangxi Zhuang Autonomous Region Bureau of Geology and Mineral Resources, from 2021 to 2024, the bureau carried out mineral exploration work for strategic minerals such as tungsten, rare earths, aluminum, manganese, tin, antimony, zirconium, nickel, fluorite, and other minerals urgently needed by industries such as quartz sand and calcium carbonate, promoting Guangxi's special exploration to achieve significant results. By the end of 2024, a total of 14 large and medium-sized deposits of strategic minerals such as rare earths, bauxite, manganese ore, fluorite, and tin have been discovered.