Molybdenum market update on March 21, 2025

This week, the overall domestic molybdenum price continued to decline, primarily due to heightened panic among suppliers, persistent price suppression by steel companies, and limited influence from the international molybdenum market.

On March 17, the "Exploration Report of the Tungsten Polymetallic Deposit in the Jiefangqiao Mining Area, Jiangle County, Fujian Province," submitted by Fujian Province's 196 Geological Brigade, successfully passed an expert review organized by the Fujian Provincial Land and Resources Assessment Center.

Recently, researchers from Donghua University and the University of Glasgow achieved a significant scientific breakthrough by successfully synthesizing two novel giant molybdenum blue wheel-shaped cluster compounds—{Mo85} and {Mo172}. This accomplishment fills a long-standing gap in high-nuclearity the molybdenum oxygen cluster family, specifically the octameric structure, injecting new vitality and momentum into this field of research.

Analysis of latest tungsten market from Chinatungsten Online 

The highly anticipated new round of guidance prices from two tungsten companies in Jiangxi has been released. Tungsten ore prices appear relatively firm compared to ammonium paratungstate (APT) prices, reflecting the current tension between tight supply of mineral resources and weak demand for smelting and alloy products.

Analysis of latest tungsten market from Chinatungsten Online

The domestic tungsten price currently shows a predominantly stable trend, with recent essential demand gradually entering the market, creating a certain level of activity.

Molybdenum market update on March 20, 2025

The domestic molybdenum market has generally maintained a weak but stable operation, primarily reflected in suppliers' lack of confidence in holding prices and a low probability of an optimistic market outlook.

Molybdenum market update on March 19, 2025

The domestic molybdenum market has generally maintained a weak trend, with intense price negotiations between buyers and sellers amid the interplay of positive and negative factors. Suppliers are strongly inclined to hold back sales to support prices, while buyers continue to exert downward pressure on prices. Under these circumstances, market transactions remain limited, and industry participants show slightly insufficient confidence in the market outlook.

Analysis of latest tungsten market from Chinatungsten Online 

Tungsten prices generally remained stable, with marginal improvements in market supply-demand balance but still dominated by deadlock. External pressures from economic recession risks and geopolitical conflicts have kept traders cautious, resulting in subdued transaction activities and a wait-and-see stability in market dynamics.

Molybdenum market update on March 18, 2025

The domestic molybdenum market has generally exhibited a stable yet slightly weak pattern.

Analysis of latest tungsten market from Chinatungsten Online 

Tungsten prices remain stable, with mixed market sentiments prevailing.