Analysis of Latest Tungsten Market from Chinatungsten Online

Tungsten prices continued to rise strongly, supported by factors including the tight fundamentals of tungsten ore supply and the sharp increase in quotations by industry institutions and leading tungsten companies that attracted much attention at the beginning of the month, which further boosted market confidence. 

Molybdenum market update on May 7, 2025

The domestic molybdenum market in China maintains a stable-to-strong trend, primarily reflected in the continued price increase of most molybdenum products and a relatively positive sentiment among traders entering the market.

Analysis of Latest Tungsten Market from Chinatungsten Online

Tungsten prices continue to rise, mainly driven by the significant increase in quotations from two major tungsten companies in Jiangxi and Fujian. 

Molybdenum market update on May 6, 2025

The domestic molybdenum market maintained a generally positive trend. On the first trading day after the May Day holiday, many traders had not yet fully resumed normal operations, resulting in lower market activity and limited price increases.

Analysis of Latest Tungsten Market from Chinatungsten Online

After the holidays, the tungsten market showed a high-level stalemate, and both buyers and sellers were temporarily in a strategic assessment period. 

In April 2025, the Chinese tungsten market exhibited an overall upward trend, with the increase in tungsten ore prices effectively transmitted to intermediate smelting products, which in turn led to a collective price hike in downstream hard alloy products. According to Chinatungsten Online, tungsten ore prices surged by over 6% during the month.

I. Analysis of China's Molybdenum Price Trends in April 2025

According to CTIA GROUP LTD, the price trend of molybdenum products in China during April 2025 showed a pattern of initial stability, followed by a decline, and then a rebound.

Molybdenum market update on April 29, 2025

The domestic molybdenum market in China continues to heat up, primarily reflected in the renewed price surge of most molybdenum products and a relatively positive sentiment among traders entering the market.

Analysis of Latest Tungsten Market from Chinatungsten Online

As the May Day holiday approaches, the tungsten market shows no signs of changing direction. Suppliers maintain a firm stance, reluctant to sell, while buyers cautiously replenish stocks as needed. 

Recently, according to the Hubei Provincial Department of Natural Resources website, in March 2025, the average price of 65% scheelite concentrate in Hubei was 139,821 yuan/ton, up approximately 11.75% year-on-year; 60% scheelite concentrate averaged 138,821 yuan/ton, up about 11.40% year-on-year; APT (ammonium paratungstate) averaged 208,060 yuan/ton, up approximately 12.26% year-on-year; and tungsten carbide powder averaged 307,429 yuan/ton, up about 12.14% year-on-year.