Molybdenum market update on March 10, 2025

At the beginning of the week, the domestic molybdenum market continued to maintain a relatively weak performance, primarily due to factors such as lackluster inquiry and procurement activity from downstream users, low steel tender prices, and a fluctuating decline in international molybdenum prices.

Analysis of latest tungsten market from Chinatungsten Online 

This week, the tungsten market trended generally weak. The downturn was driven by sluggish demand, a complex global political and economic environment, and rising trade barriers, which have dampened consumer confidence. Additionally, industry institutions and tungsten companies lowered their quotations, reflecting market weakness and undermining traders' pricing confidence.

According to the Ganzhou Municipal Market Regulation Administration, two national standards led by the Jiangxi Provincial Tungsten and Rare Earth Product Quality Supervision and Inspection Center - "Methods for Chemical Analysis of Tungsten Concentrates — Part 19: Determination of Fluoride Content — Ion Selective Electrode Method" (GB/T 6150.19-2025) and "Methods for Chemical Analysis of Tungsten Concentrates —  Part 20: Determination of Mercury Content — Solid Sampling and Direct Mercury Analysis Method" (GB/T 6150.20-2025) - were officially released on January 24, 2025. The establishment of these standards marks a significant milestone in the standardization progress of China's tungsten concentrate chemical analysis field, demonstrating the nation's technical capabilities and regulatory leadership in this domain.

Molybdenum market update on March 7, 2025

This week, the domestic molybdenum market in China exhibited an overall pattern of volatile decline, primarily attributed to the continuous drop in steel procurement price, a weak international molybdenum market, relatively abundant spot supply in the market, and a wavering confidence among suppliers in maintaining stable prices.