Molybdenum market update on March 28, 2025

This week, domestic molybdenum price exhibited an overall trend of fluctuating upward movement, primarily attributed to strong reluctance to sell and bullish sentiment among molybdenum mining companies in recent days, rising steel tender prices, steady downstream demand, and a relatively favorable non-ferrous metals market.

Analysis of latest tungsten market from Chinatungsten Online 

This week, tungsten prices showed a slight upward trend, with ongoing and intensifying competition between the upstream and downstream segments of the industrial chain. 

Molybdenum market update on March 27, 2025

The overall focus of domestic molybdenum price continues to shift slightly upward, with molybdenum concentrate prices rising by approximately 20 yuan per ton-degree, breaking through the 3,400 yuan per ton-degree threshold, while ferromolybdenum and molybdate prices each increased by about 1,000 yuan per ton.

Analysis of latest tungsten market from Chinatungsten Online 

Tungsten prices are consolidating amid market gamesmanship, with a clear pattern of strong supply and weak demand, leaving limited room for price fluctuations. 

Molybdenum market update on March 26, 2025

The domestic molybdenum market is showing an overall trend of stabilizing and rebounding, with the price of molybdenum concentrate rising by approximately 50 yuan per ton-degree.

Analysis of latest tungsten market from Chinatungsten Online 

The tungsten price is temporarily stable, with moderate trading activity driven by essential demand. From a fundamental perspective, there is a clear tug-of-war between supply and demand, with the industry chain exhibiting a typical "neither high nor low" characteristic.

Molybdenum market update on March 25, 2025

The domestic molybdenum market has shown an overall trend of stabilizing and halting its decline, with the interplay of bullish and bearish factors gradually shifting the consumer market from a buyer's market to a seller's market. This shift is mainly reflected in two key aspects: first, the supply of low-priced goods has tightened, and the phenomenon of low-price dumping in the market has decreased; second, market trading volume has increased, with a noticeable rise in transaction activity.

Recently, the Natural Resources Department of Guangxi Zhuang Autonomous Region issued a notice on several measures to strengthen the assurance of natural resource elements to support the sustained economic recovery and improvement. 

The following is the import and export data of Chinese molybdenum products compiled by Chinatungsten Online based on information released by the General Administration of Customs of China:

For January-February 2025, China’s cumulative molybdenum product imports totaled 13,775.79 tons, a year-on-year increase of 38.95%. The cumulative import value was 1.936 billion yuan, up 46.83% year-on-year.  

The following is the import and export data of Chinese molybdenum products compiled by Chinatungsten Online based on the information released by the General Administration of Customs of China: In January 2025, China’s molybdenum product imports totaled 7,268.66 tons, a month-on-month decrease of 13.46% and a year-on-year increase of 8.29%. The import value was 1.038 billion yuan, down 13.17% month-on-month but up 43.50% year-on-year.