Average Price of Tungsten Products in July 2025

65% Wolframite Concentrate: The average price was RMB 181,283/ton, representing a month-on-month increase of 5.11% and a year-on-year increase of 35.07% compared to July 2024. The quotation at the end of the month increased by 12.72% compared to the beginning of the month.

Analysis of Latest Tungsten Market from Chinatungsten Online 

Tungsten prices have generally maintained a firm trend. Recently, holders have shown a slight increase in willingness to sell, but actual transaction feedback remains limited due to significant gaps in price expectations between buyers and sellers. Market cost transmission is sluggish, and circulation within the industry chain is constrained.

In July 2025, China's tungsten market experienced a robust upward trend, with prices of major tungsten raw materials rising by approximately 13% within the month, a 36% increase compared to the beginning of the year. The average monthly price rose by about 5% month-on-month and surged 35% year-on-year.

Molybdenum market update on July 30, 2025

The domestic molybdenum market is experiencing a significant upswing, with the price center clearly shifting upward.