Molybdenum market update on April 27, 2025

The domestic molybdenum market has maintained a stable and relatively strong operating trend.

In a smart farm in China, unmanned rice transplanters shuttle through the fields with centimeter-level precision, drones equipped with high-precision navigation systems perform plant protection operations, and intelligent seedling nurseries achieve precise seedling cultivation through environmental control systems. In this agricultural revolution driven by technology, a metal element called tungsten is playing multiple roles, from wear-resistant components in agricultural machinery to additives in smart agricultural films, from sensor materials to AI hardware support. Tungsten is becoming an indispensable "invisible cultivator" in the smart agriculture industry chain.

Analysis of Latest Tungsten Market from Chinatungsten Online

Tungsten prices have temporarily entered a sideways consolidation phase, and the tight support on the supply side of the market is still strong. The industry is watching the implementation of consumer demand, and the atmosphere of caution is strong. 

Analysis of Latest Tungsten Market from Chinatungsten Online

This week, the tungsten market showed a strong upward trend, mainly driven by tight supply and high prices of tungsten ore. The news of the increase in quotations of large tungsten enterprises and the reduction of the total mining control index further boosted the market. According to Chinatungsten Online data, the price of tungsten raw materials rose by about 2% during the week.