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.

Analysis of Latest Tungsten Market from Chinatungsten Online

On Monday, tungsten prices continued their upward trend. The raw material side maintained a strong bullish sentiment, with downstream tungsten product prices passively following the rise, though overall demand feedback remained weak. 

Molybdenum market update on April 28, 2025

The domestic molybdenum market in China remains stable, but as positive factors weaken, negotiations between buyers and sellers are gradually heating up, leading to reduced market enthusiasm and slower order growth.

Molybdenum market update on April 27, 2025

The domestic molybdenum market has maintained a stable and relatively strong operating trend.

Analysis of Latest Tungsten Market from Chinatungsten Online

Tungsten prices have temporarily entered a sideways consolidation phase, and the tight support on the supply side of the market is still strong. The industry is watching the implementation of consumer demand, and the atmosphere of caution is strong. 

In a smart farm in China, unmanned rice transplanters shuttle through the fields with centimeter-level precision, drones equipped with high-precision navigation systems perform plant protection operations, and intelligent seedling nurseries achieve precise seedling cultivation through environmental control systems. In this agricultural revolution driven by technology, a metal element called tungsten is playing multiple roles, from wear-resistant components in agricultural machinery to additives in smart agricultural films, from sensor materials to AI hardware support. Tungsten is becoming an indispensable "invisible cultivator" in the smart agriculture industry chain.

Analysis of Latest Tungsten Market from Chinatungsten Online

This week, the tungsten market showed a strong upward trend, mainly driven by tight supply and high prices of tungsten ore. The news of the increase in quotations of large tungsten enterprises and the reduction of the total mining control index further boosted the market. According to Chinatungsten Online data, the price of tungsten raw materials rose by about 2% during the week.

Molybdenum market update on April 25, 2025

This week, the domestic molybdenum market in China maintained an overall upward trend.