Analysis of Latest Tungsten Market from Chinatungsten Online

Tungsten prices have temporarily entered a sideways consolidation phase, and the tight support on the supply side of the market is still strong. The industry is watching the implementation of consumer demand, and the atmosphere of caution is strong. 

In a smart farm in China, unmanned rice transplanters shuttle through the fields with centimeter-level precision, drones equipped with high-precision navigation systems perform plant protection operations, and intelligent seedling nurseries achieve precise seedling cultivation through environmental control systems. In this agricultural revolution driven by technology, a metal element called tungsten is playing multiple roles, from wear-resistant components in agricultural machinery to additives in smart agricultural films, from sensor materials to AI hardware support. Tungsten is becoming an indispensable "invisible cultivator" in the smart agriculture industry chain.

Analysis of Latest Tungsten Market from Chinatungsten Online

This week, the tungsten market showed a strong upward trend, mainly driven by tight supply and high prices of tungsten ore. The news of the increase in quotations of large tungsten enterprises and the reduction of the total mining control index further boosted the market. According to Chinatungsten Online data, the price of tungsten raw materials rose by about 2% during the week.

Molybdenum market update on April 24, 2025

The domestic molybdenum market in China is performing relatively well overall. Despite the interplay of bullish and bearish factors, most molybdenum product prices continue to rise, and actual transaction volumes remain substantial. However, due to intense price negotiations between buyers and sellers, the extent of price increases is relatively small.

Analysis of Latest Tungsten Market from Chinatungsten Online

Core Logic Behind the Current Tungsten Price Surge: The rise in tungsten prices is driven by a combination of tightening policies, supply constraints, and speculative capital involvement. 

Molybdenum market update on April 23, 2025

The domestic molybdenum market in China is showing a general upward trend, with prices for molybdenum concentrate, ferromolybdenum, and ammonium heptamolybdate rising by approximately 20 yuan/ton-degree, 2,000 yuan/ton, and 1,000 yuan/ton, respectively. Under these conditions, both buyers and sellers are highly engaged, and trading volumes remain at a relatively substantial level.

Analysis of latest tungsten market from Chinatungsten Online

Tungsten prices continue to be strong. Tungsten raw materials are willing to rise due to tight supply. There is no information on improvement in market demand margins. Due to the difficulty in clearing external geopolitical and economic and trade risks and limited consumer confidence, the overall tungsten market continues to have a price-no-market situation, and the spot trading atmosphere is cautious.

Molybdenum market update on April 22, 2025

The domestic molybdenum market in China continues to show an overall upward trend. Amid intertwined bullish and bearish factors, the consumer market is gradually shifting from a buyer's market to a seller's market, primarily reflected in slight price increases for most products and a relatively fast growth in orders.

On April 3, 2025, the Ministry of Natural Resources issued the first batch of tungsten ore (tungsten trioxide content 65%) mining total control index of 58,000 tons in 2025, which is 4,000 tons less than the first batch of 2024, a decrease of 6.45%. Among them, Heilongjiang, Zhejiang, Anhui, and Hubei have not allocated indicators, and Jiangxi, Guangdong, Guangxi, Yunnan, Gansu, and Xinjiang have lowered their allocation indicators to varying degrees.

Analysis of latest tungsten market from Chinatungsten Online

Tungsten prices remain strong. On the one hand, the first batch of tungsten mining total control indicators this year have been lowered, strengthening the view of tight supply; on the other hand, the tungsten raw material quotations of several large domestic tungsten companies have been raised, consolidating the market's support for the market.