Analysis of Latest Tungsten Market from Chinatungsten Online

Domestic tungsten prices have retreated by approximately 60% from the historical highs seen in March of this year, and market trading activity remains sluggish. 

Molybdenum market update on September 22, 2026

The overall domestic molybdenum market performed generally, mainly manifested in relatively large resistance to further price increases, low enthusiasm for traders to enter the market, and limited actual transactions.

Molybdenum market update on September 21, 2026

The domestic molybdenum market as a whole maintained a high-level sideways operation.

Analysis of Latest Tungsten Market from Chinatungsten Online

Yesterday, a tungsten enterprise in Jiangxi lowered its long-term contract procurement prices, causing spot market quotes to drift downward. Market participants were predominantly cautious and bearish, with the stalemate between buyers and sellers continuing. Currently, various segments of the tungsten industry chain are generally facing substantial funding pressures, intensifying the atmosphere of wait-and-see and game-playing in the market.

Analysis of Latest Tungsten Market from Chinatungsten Online

Tungsten raw material prices overall remained temporarily stable, with a strong wait-and-see atmosphere in the market and a stalemate in the upstream-downstream game. 

Molybdenum market update on September 20, 2026

Domestic molybdenum prices overall maintained a high-level sideways operation, with quotations for molybdenum concentrate, ferromolybdenum, and ammonium tetramolybdate at around RMB 5,490/ton-degree, RMB 345,000/ton, and RMB 327,000/ton, respectively.

Molybdenum market update on September 18, 2026

This week, the overall domestic molybdenum market showed a high and strengthening trend, mainly reflected in the relatively large increase in raw material prices and the steady maintenance of actual transactions.

Analysis of Latest Tungsten Market from Chinatungsten Online

Domestic tungsten prices this week have generally remained under pressure and weak. While upstream raw material suppliers remain keen to stabilize prices, localized instances of price-cutting to secure orders and inventory liquidation for cash have weighed on overall transaction levels. Furthermore, price concessions have failed to effectively stimulate demand; instead, they have intensified the cautious wait-and-see attitude and price-comparison behavior among downstream buyers.

Molybdenum market update on September 17, 2026

The overall domestic molybdenum market maintained a high and firm operation. With downstream demand improving and suppliers having strong willingness to hold back sales and support prices, prices of most products were at relatively high levels within the year, order growth was acceptable, and industry participants had considerable expectations for the future market.

Analysis of Latest Tungsten Market from Chinatungsten Online

Tungsten prices are generally under pressure, trading weakly within a narrow range. While cost factors and the nature of the resource provide some resilience, the pace of demand recovery has fallen short of expectations, leaving insufficient momentum for an upward trend. Instances of price concessions to secure orders have dampened market sentiment, leading to wider room for negotiation on tungsten products.