Analysis of Latest Tungsten Market from Chinatungsten Online

The tungsten market remains strong. Upstream raw materials are experiencing tight supply, while midstream smelting products are reaching new highs driven by cost pressures. 

Molybdenum market update on October 27, 2025

On Monday, the domestic molybdenum market overall continued its weak performance, with some products experiencing declines of varying degrees under the influence of persistently low steel bidding prices, poor international molybdenum market performance, and strong profit-taking awareness among suppliers, including molybdenum concentrate prices decreasing by approximately RMB 10 per ton-unit, ferromolybdenum prices by approximately RMB 3,000 per ton, and limited actual transaction volumes.

Analysis of Latest Tungsten Market from Chinatungsten Online

The tungsten market saw an overall upward trend on Monday, driven by strong momentum from the raw material market, with prices rising across the industry chain. Major tungsten resource and alloy companies raised their product prices, further boosting market sentiment. 

Molybdenum market update on October 24, 2025

This week, the domestic molybdenum market has exhibited a continuous downward trend, primarily due to increased caution among downstream markets, declining steel bidding prices, a cooling international molybdenum market, and rising concerns among suppliers about future prospects.