Analysis of Latest Tungsten Market from Chinatungsten Online

▏ Current Situation of Tungsten Price:

Recently, the Ministry of Natural Resources released a statement indicating that in the first half of 2025, China achieved significant breakthroughs in mineral exploration for key mineral types, discovering 38 new mineral deposits, an increase of 31% year-on-year, including 25 large- and medium-sized deposits. Exploration investments in non-oil-and-gas minerals such as tungsten and molybdenum continued to grow.

Molybdenum market update on July 24, 2025

The domestic molybdenum market is maintaining a high-level sideways trend, with product prices showing no significant changes and actual transaction volumes remaining decent, as traders generally adhere to rigid trading practices.

Analysis of Latest Tungsten Market from Chinatungsten Online 

The price of tungsten market continues to rise, mainly due to the current situation of supply contraction, the expected growth of demand and the impact of policy-based strategic regulation. 

Molybdenum market update on July 23, 2025

The domestic molybdenum market shows a trend of stabilizing after a decline, with a mix of bullish and bearish factors leading to differing pricing sentiments among upstream and downstream enterprises in the supply chain: molybdenum mining companies exhibit strong reluctance to sell and an optimistic outlook, intermediate smelting enterprises are ambivalent about raising or lowering prices, while molybdenum chemical enterprises maintain relatively stable quotations.

On July 19, 2025, the Office of the National Export Control Coordination Mechanism organized a meeting in Nanning, Guangxi, involving units such as the Ministry of Commerce, Ministry of Public Security, Ministry of State Security, General Administration of Customs, National Postal Administration, Supreme People’s Court, and Supreme People’s Procuratorate to advance the special operation against the smuggling and export of strategic minerals. The meeting reviewed and reported on initial progress, comprehensively analyzed the current situation regarding anti-smuggling efforts, and made further deployments and advancements for the special operation.

Analysis of Latest Tungsten Market from Chinatungsten Online 

The tungsten market has been running strongly this year, and the prices of products in the entire industry chain have generally risen, forming a cost deferral and transmission pattern from "tungsten concentrate-tungsten smelting-deep processing of tungsten products". 

Molybdenum market update on July 22, 2025

The domestic molybdenum market exhibits an overall stable but weak pattern, primarily characterized by a continued slight decline in molybdenum raw material prices, low trading sentiment among traders, and slow order growth. However, supported by strong production costs and the continuous introduction of favorable policies, suppliers have limited room for price concessions.

On July 19, the Yarlung Zangbo River downstream hydropower project officially started.

Analysis of Latest Tungsten Market from Chinatungsten Online

The tungsten market continued to rise on Monday, and the prices of major tungsten raw materials and tungsten waste products reached new highs!