Molybdenum market update on March 24, 2025

At the beginning of the week, the overall domestic molybdenum market improved slightly, mainly reflected in the rebound of product prices and the increase in the enthusiasm of downstream users to inquire and purchase.

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.

Analysis of latest tungsten market from Chinatungsten Online 

On Monday, tungsten prices remained stable, with tight resource availability at the mining end and lackluster downstream terminal demand continuing to pull the market in opposite directions. This essentially reflects a contest between the long-term strategic value of tungsten and short-term economic cycles.

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.