Average Price of Tungsten Products in the First Half of 2025

65% Wolframite Concentrate: Average price of RMB 151,800/ton, increased by 12.71% compared to the first half of 2024, with a 20.28% increase from the beginning to the end of June.

In the first half of 2025, under the influence of structural tightening on the supply side, rigid support from downstream demand, and the interweaving of international geopolitical risks, China's tungsten market showed a composite operating characteristic of "fluctuating upward-repeatedly setting new highs-periodic correction-high-level fluctuations".

Molybdenum market update on June 30, 2025

The domestic molybdenum market maintained an overall weak trend at the beginning of the week, with a mix of bullish and bearish factors leading to intense price negotiations between buyers and sellers, resulting in moderate transaction activity.

On June 26th, CMOC group announced the completion of the acquisition of Canadian - listed company Lumina Gold, officially acquiring a 100% stake in the Cangrejos Project in Ecuador. The transaction was completed on June 24th, 2025. 

Molybdenum market update on June 27, 2025

This week, the domestic molybdenum prices showed an overall downward trend, with the decline of some products slightly expanding.

Prices of Tungsten Products on June 27, 2025

Tungsten Price Trend from January to June 27, 2025

Analysis of Latest Tungsten Market from Chinatungsten Online

Molybdenum market update on June 26, 2025

The domestic molybdenum market persists in a downward correction trend, with supportive factors weakening and steel tender prices continuing to decline, shifting consumer market sentiment from a stalemate to a downturn, and increasing industry concerns about future prospects.

Analysis of Latest Tungsten Market from Chinatungsten Online

Tungsten prices are temporarily stable, and the market continues to be in a stalemate between supply and demand. 

Molybdenum market update on June 25, 2025

The domestic molybdenum prices are exhibiting a high-level downward trend, with molybdenum concentrate price decreasing by approximately 10 yuan/ton-degree, ferromolybdenum price decreasing by about 1,000 yuan/ton, and molybdenum powder price decreasing by around 2 yuan/kg. Currently, the continuous decline in steel tender prices has slightly undermined industry confidence in the future market.

Analysis of Latest Tungsten Market from Chinatungsten Online

Tungsten prices fell slightly. There was a periodic price correction on the raw material side, but the consumption willingness on the demand side did not improve, and the macroeconomic situation was still uncertain. The overall transaction atmosphere in the tungsten industry was still not good, and trade was cautious.