Molybdenum market update on March 25, 2025

The domestic molybdenum market has shown an overall trend of stabilizing and halting its decline, with the interplay of bullish and bearish factors gradually shifting the consumer market from a buyer's market to a seller's market. This shift is mainly reflected in two key aspects: first, the supply of low-priced goods has tightened, and the phenomenon of low-price dumping in the market has decreased; second, market trading volume has increased, with a noticeable rise in transaction activity.

Recently, the Natural Resources Department of Guangxi Zhuang Autonomous Region issued a notice on several measures to strengthen the assurance of natural resource elements to support the sustained economic recovery and improvement. 

The following is the import and export data of Chinese molybdenum products compiled by Chinatungsten Online based on information released by the General Administration of Customs of China:

For January-February 2025, China’s cumulative molybdenum product imports totaled 13,775.79 tons, a year-on-year increase of 38.95%. The cumulative import value was 1.936 billion yuan, up 46.83% year-on-year.  

The following is the import and export data of Chinese molybdenum products compiled by Chinatungsten Online based on the information released by the General Administration of Customs of China: In January 2025, China’s molybdenum product imports totaled 7,268.66 tons, a month-on-month decrease of 13.46% and a year-on-year increase of 8.29%. The import value was 1.038 billion yuan, down 13.17% month-on-month but up 43.50% year-on-year.

Analysis of latest tungsten market from Chinatungsten Online 

Tungsten price trends are diverging. Recently, raw material holders have shown an increased willingness to push prices higher, but downstream consumers remain unenthusiastic about buying. The market fundamentals continue to reflect a standoff between constrained supply and lackluster demand, with the overall recovery pace still uncertain.

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.

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.

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.