Analysis of Latest Tungsten Market from Chinatungsten Online

Yesterday, the highly-watched Jiangxi industry organization and two representative tungsten enterprises updated their quotations. The significantly increased prices have injected a shot in the arm to the current hesitant market, and the tungsten price has once again hit a record high.

Molybdenum market update on June 6, 2025

This week, the domestic molybdenum market displayed a positive and upward trend, primarily reflected in the strong reluctance of raw material suppliers to sell amid bullish sentiment, favorable steel tender prices, and stable downstream demand.

Molybdenum market update on June 5, 2025

The domestic molybdenum market continues to exhibit a strong upward trend, fueled by the combined effects of supply and demand, fostering a bullish market sentiment.

Analysis of Latest Tungsten Market from Chinatungsten Online

Tungsten prices are trading sideways at a high level. The main contradiction in the market lies in the continuous game between the reluctance to sell and the cautious downturn on the consumer side. The overall strong market lacks the verification of real demand. 

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.

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

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. 

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.

Molybdenum market update on June 3, 2025

At the start of the week, the domestic molybdenum market maintained a high-level volatile trend.

In May 2025, the Chinese tungsten market experienced an overall upward trend, with tungsten concentrate and ammonium paratungstate (APT) prices repeatedly reaching new historical highs.