Molybdenum market update on June 25, 2025

The domestic molybdenum prices are exhibiting a high-level downward trend, with molybdenum concentrate price decreasing by approximately 10 yuan/ton-degree, ferromolybdenum price decreasing by about 1,000 yuan/ton, and molybdenum powder price decreasing by around 2 yuan/kg. Currently, the continuous decline in steel tender prices has slightly undermined industry confidence in the future market.

Analysis of Latest Tungsten Market from Chinatungsten Online

Tungsten prices fell slightly. There was a periodic price correction on the raw material side, but the consumption willingness on the demand side did not improve, and the macroeconomic situation was still uncertain. The overall transaction atmosphere in the tungsten industry was still not good, and trade was cautious.

Molybdenum market update on June 24, 2025

The domestic molybdenum market as a whole showed a bearish operation trend. Under the interweaving of multiple long and short factors, the price game between buyers and sellers was fierce: the sellers' sentiment of reluctant to sell and maintaining prices remained high, and the buyers' willingness to press prices did not weaken. In this context, the growth rate of market orders tended to be gentle.

Analysis of Latest Tungsten Market from Chinatungsten Online

The tungsten market is in a stalemate and under pressure. The current market characteristics are characterized by the dual weakness and mutual checks and balances of the supply and demand fundamentals. 

Analysis of Latest Tungsten Market from Chinatungsten Online

On Monday, tungsten prices remained stable, and market transactions continued to stalemate. The guidance prices and long unit prices of large companies increased traders' wait-and-see sentiment. The tungsten market continued to adopt a cautious strategy, and liquidity was relatively slow.

Molybdenum market update on June 23, 2025

At the start of the week, the domestic molybdenum market generally continued the sideways trend from the previous week. 

Molybdenum market update on June 20, 2025

This week, the domestic molybdenum market remained stable at high levels, with molybdenum product prices fluctuating within a narrow range and a strong sense of caution prevailing, influenced by firm raw material prices and a slight decline in steel tender prices.

Analysis of Latest Tungsten Market from Chinatungsten Online

This week, tungsten prices were stuck in a sideways trend, market confidence was divided, the resource side maintained the logic of supporting prices, the demand side had insufficient capacity to take over, the price transmission of the industrial chain was blocked, and some profit-taking orders were outflowed, affecting the transaction center of gravity. The market paid attention to the new round of quotations of large tungsten companies.

According to Mining Journal, Collective Mining has achieved a significant breakthrough in shallow drilling at the Apollo deposit within its Guayabales project in Caldas Province, central Colombia. Preliminary sampling analysis indicates the deposit contains high-grade tungsten, copper, silver, and gold, further expanding the outcrop range of the Apollo deposit. This discovery marks the first identification of tungsten in this region in Colombia’s history, holding significant strategic importance.

On June 6, 2025, the General Office of the Ministry of Natural Resources issued the "List of Advanced and Applicable Exploration Technologies for the New Round of Strategic Actions for Mineral Exploration Breakthroughs (First Batch)", of which there are 2 technologies related to tungsten: