In April 2025, the Chinese tungsten market exhibited an overall upward trend, with the increase in tungsten ore prices effectively transmitted to intermediate smelting products, which in turn led to a collective price hike in downstream hard alloy products. According to Chinatungsten Online, tungsten ore prices surged by over 6% during the month.

Molybdenum market update on April 29, 2025

The domestic molybdenum market in China continues to heat up, primarily reflected in the renewed price surge of most molybdenum products and a relatively positive sentiment among traders entering the market.

I. Analysis of China's Molybdenum Price Trends in April 2025

According to CTIA GROUP LTD, the price trend of molybdenum products in China during April 2025 showed a pattern of initial stability, followed by a decline, and then a rebound.

Analysis of Latest Tungsten Market from Chinatungsten Online

As the May Day holiday approaches, the tungsten market shows no signs of changing direction. Suppliers maintain a firm stance, reluctant to sell, while buyers cautiously replenish stocks as needed.