Analysis of Latest Tungsten Market from Chinatungsten Online

Tungsten prices continue to soar on Monday, and the market enthusiasm runs high.

Analysis of Latest Tungsten Market from Chinatungsten Online

This week, the tungsten market continued to rise, with tungsten raw material prices increasing by over 2%, driven by tight supply, cost pressures, and confidence bolstered by upward adjustments in long-term contracts by tungsten enterprises. However, demand has shown no significant improvement, with rising raw material prices and global economic uncertainties intensifying buyer caution.

Molybdenum market update on May 9, 2025

In the first week after the May Day holiday, the domestic molybdenum market in China continued its positive trend from before the holiday, driven by strong price-holding sentiment from molybdenum mining companies and increased inquiry and procurement activity from downstream users.

Molybdenum market update on May 8, 2025

The domestic molybdenum market in China maintains a relatively positive outlook, with high shipment initiative from molybdenum mining companies and concentrated ferromolybdenum tendering by steel companies driving stable product prices and decent market trading activity.