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.

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.

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.

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.