Molybdenum market update on August 1, 2025

This week, the domestic molybdenum market exhibited an initial rise followed by stabilization. At the beginning of the week, influenced by tight raw material spot supply, significant price increases by major molybdenum mining companies, and strong speculative sentiment among traders, the price of molybdenum concentrate rose notably.

I. Analysis of China’s Molybdenum Price Trends in July 2025

According to CTIA GROUP LTD, the price trend of molybdenum products in China in July 2025 was characterized by an initial rise, followed by stabilization, and then another rise, with a total of approximately 13,000 tons of ferromolybdenum tendered during the same period.

Analysis of Latest Tungsten Market from Chinatungsten Online 

At the beginning of August, the tungsten market was characterized by a wait-and-see atmosphere. After tungsten prices surged over 35% across the board and downstream alloy industry associations and companies advocated for "small fluctuations and rational price increases", the market gradually stabilized. 

Average Price of Tungsten Products from January to July 2025

65% Wolframite Concentrate: The average price was RMB 156,546/ton, reflecting a year-on-year increase of 16.32%. The quotation at the end of July increased by 36.36% compared to the beginning of the year.