Molybdenum market update on April 11, 2025

This week, the domestic molybdenum market in China displayed a trend of initial stability followed by a decline. At the start of the week, factors such as stable steel procurement volumes and prices, moderate growth in spot supply, and robust production cost support prompted suppliers to maintain steady quotations.

On April 2, the White House announced that the United States has entered a state of national emergency and imposed a 10% "reciprocal tariff" on all trading partners. At the same time, it released an exemption list, excluding copper, pharmaceuticals, semiconductors, wood products, certain critical minerals, and energy and energy products from the new tariffs.

Analysis of latest tungsten market from Chinatungsten Online 

Tungsten prices are temporarily stable. Under the interweaving of macro-volatile environment and market supply and demand, traders remain cautious and wait-and-see.

Molybdenum market update on April 9, 2025

The domestic molybdenum market in China is performing moderately overall. Amid numerous uncertainties, intense price negotiations between buyers and sellers have made it difficult to update product prices and have limited transaction volumes. Currently, industry participants are closely monitoring the shipment dynamics of molybdenum mining companies, the performance of steel procurement volumes and prices, and the impact of the escalating China-US trade war on the molybdenum market.

Analysis of latest tungsten market from Chinatungsten Online 

Tungsten prices remain strong, with the main driving force coming from the support of the supply side. The quotations of major producing institutions and several large tungsten companies increased significantly during the week, further stimulating the market sentiment of tungsten raw material holders.

Molybdenum market update on April 8, 2025

The domestic molybdenum market in China has generally maintained a weak but stable performance. Against the backdrop of a relatively balanced supply-demand relationship and the escalation of the China-US trade war, market enthusiasm remains moderate, and product prices have shown no significant changes for the time being.

Analysis of latest tungsten market from Chinatungsten Online 

The tungsten market offers appear somewhat chaotic, with a combination of industry supply-demand imbalance, geopolitical policy games among major powers, and global economic turbulence leading to a divergence in market sentiment between bullish and bearish outlooks. 

Molybdenum market update on April 7, 2025

At the start of the week, China’s domestic molybdenum market maintained stable operations.

On April 4, 2025, the Customs Tariff Commission of the State Council of China announced that, effective from 12:01 on April 10, 2025, a 34% tariff will be imposed on all goods imported from the United States, in addition to the existing applicable tariff rates. Goods that departed their point of origin before 12:01 on April 10, 2025, and are imported between that time and 24:00 on May 13, 2025, will be exempt from this additional tariff.

On April 2, 2025, the U.S. government announced the imposition of "reciprocal tariffs" on goods exported from China to the United States. China’s official stance is that this move violates international trade rules, severely undermines China’s legitimate rights and interests, and constitutes a typical act of unilateral bullying. It not only harms U.S. interests but also threatens global economic development and the stability of industrial and supply chains.