Molybdenum market update on April 16, 2025

The domestic molybdenum market as a whole continues to operate in a weak manner, mainly manifested in the continuous decline of the prices of mainstream molybdenum products, the low enthusiasm of both suppliers and demanders to enter the market for operations, and the small actual trading volume.

Analysis of latest tungsten market from Chinatungsten Online 

The tungsten market remains in a stalemate, primarily influenced by rising raw material prices and insufficient acceptance from the consumption side. The supply-demand contradiction is still prominent, with limited trading activity. Industry players are focusing on the recovery pace of downstream manufacturing, global supply chain stability, and policy regulation impacts.

In today's deeply interconnected global supply chain, the escalating China-US trade friction is having a profound impact on the critical minerals sector. China, which holds the world's largest tungsten reserves (52.17% of the global total) and production (81.48% of the global total), is facing unprecedented policy and market challenges in its tungsten industry.

Analysis of latest tungsten market from Chinatungsten Online 

Tungsten prices remain generally stable, with supply-side shipments showing some release, but concessions are rare. Demand-side maintains a need-based procurement pace, with inquiries probing for price negotiations. 

Molybdenum market update on April 15, 2025

The domestic molybdenum market in China continued to experience a significant downward trend, with prices for molybdenum concentrate, ferromolybdenum, and molybdenum bars falling by approximately 50 yuan/ton-degree, 4,000 yuan/ton, and 5 yuan/kg, respectively. However, despite this decline, market transaction volumes did not see a notable increase.

Molybdenum market update on April 14, 2025

At the beginning of the week, the domestic molybdenum market in China continued its downward trend. Molybdenum concentrate and ferromolybdenum prices fell to approximately 3,300 yuan/ton-degree and 210,000 yuan/ton, respectively, while ammonium tetramolybdate and molybdenum powder prices dropped by about 3,000 yuan/ton and 5 yuan/kg, respectively.

Analysis of latest tungsten market from Chinatungsten Online 

On Monday, tungsten prices remained stable, with a continued atmosphere of supply-demand tug-of-war. The macro environment was disrupted by U.S. tariff policies, leading most participants to adopt a wait-and-see approach. The overall market showed a sideways consolidation trend, with ongoing attention to market signals and policy changes.

With the continuous evolution of China-US trade relations, key metal mineral products have become an important area of contention between the two sides. The United States has imposed tariffs of up to 125% on Chinese goods, but key minerals and energy products such as tungsten and rare earths are included in the exemption list. However, as a countermeasure, China has implemented export controls on tungsten, molybdenum, and some medium and heavy rare earth-related items on February 4 and April 4, 2025, respectively. This policy asymmetry has brought significant development opportunities for China's tungsten cemented carbide industry, especially in the fields of high-end cutting tools and machine tools, where restrictions on American companies have provided Chinese companies with the space to seize the market.

Quotations from Chinese Tungsten Enterprises in the First Half of April 2025

Analysis of latest tungsten market from Chinatungsten Online 

This week, tungsten prices showed overall stability with slight increases, but trading activity remained subdued.