Molybdenum market update on July 23, 2025

The domestic molybdenum market shows a trend of stabilizing after a decline, with a mix of bullish and bearish factors leading to differing pricing sentiments among upstream and downstream enterprises in the supply chain: molybdenum mining companies exhibit strong reluctance to sell and an optimistic outlook, intermediate smelting enterprises are ambivalent about raising or lowering prices, while molybdenum chemical enterprises maintain relatively stable quotations.

On July 19, 2025, the Office of the National Export Control Coordination Mechanism organized a meeting in Nanning, Guangxi, involving units such as the Ministry of Commerce, Ministry of Public Security, Ministry of State Security, General Administration of Customs, National Postal Administration, Supreme People’s Court, and Supreme People’s Procuratorate to advance the special operation against the smuggling and export of strategic minerals. The meeting reviewed and reported on initial progress, comprehensively analyzed the current situation regarding anti-smuggling efforts, and made further deployments and advancements for the special operation.

Analysis of Latest Tungsten Market from Chinatungsten Online 

The tungsten market has been running strongly this year, and the prices of products in the entire industry chain have generally risen, forming a cost deferral and transmission pattern from "tungsten concentrate-tungsten smelting-deep processing of tungsten products". 

Molybdenum market update on July 22, 2025

The domestic molybdenum market exhibits an overall stable but weak pattern, primarily characterized by a continued slight decline in molybdenum raw material prices, low trading sentiment among traders, and slow order growth. However, supported by strong production costs and the continuous introduction of favorable policies, suppliers have limited room for price concessions.

On July 19, the Yarlung Zangbo River downstream hydropower project officially started.

Analysis of Latest Tungsten Market from Chinatungsten Online

The tungsten market continued to rise on Monday, and the prices of major tungsten raw materials and tungsten waste products reached new highs! 

Molybdenum market update on July 21, 2025

At the beginning of the week, the domestic molybdenum market continued to trend weakly, driven by steel companies’ persistent downward pressure on ferromolybdenum prices and the gradual weakening of earlier bullish support, leading to slightly insufficient confidence among raw material suppliers in maintaining stable prices.

Molybdenum market update on July 18, 2025

This week, the domestic molybdenum market exhibited an overall high-level but weak trend, primarily due to a significant price surge in the previous two weeks, which led to reduced inquiry and procurement enthusiasm from downstream users.

Analysis of Latest Tungsten Market from Chinatungsten Online

▏Prices of major tungsten products

Tungsten prices soared this week, breaking new heights every day. As of press time,

Molybdenum market update on July 17, 2025

The domestic molybdenum market is showing a weak trend, with high raw material prices proving difficult to reduce and steel tender prices declining, leading to a somewhat strained negotiation atmosphere between buyers and sellers, and moderate market trading activity.