Molybdenum market update on August 4, 2025

At the beginning of the week, the overall focus of domestic molybdenum prices continued to shift downward, with the price of molybdenum concentrate decreasing by approximately 60 yuan per ton-unit, ferromolybdenum by approximately 4,000 yuan per ton, and ammonium tetramolybdate by approximately 2,000 yuan per ton.

Based on differences in chemical composition and structural components, common cemented carbides can be classified into steel-bonded cemented carbide, tungsten-cobalt alloys, tungsten-titanium-tantalum-cobalt alloys, and tungsten-titanium-cobalt alloys, with the latter group sharing similar physicochemical properties and applications.

Analysis of Latest Tungsten Market from Chinatungsten Online 

Domestic tungsten prices saw a slight decline on Monday, but the overall market remained rational. Industry insiders generally believe that moderate price adjustments will help boost transactions and mitigate some of the risks accumulated at high prices, but caution is advised to avoid a sell-off that could trigger a price collapse.

Recently, the official website of the Guangxi Zhuang Autonomous Region Department of Natural Resources reported that during the "14th Five-Year Plan" period, the Guangxi Autonomous Region Department of Natural Resources has thoroughly implemented the national energy and resource security strategy. Taking mineral exploration system construction as the foundation, institutional reform as the driving force, and innovative cooperation as the engine, Guangxi has achieved remarkable progress in the new round of strategic mineral exploration breakthroughs. As of the end of June 2025, Guangxi has completed all 10 strategic mineral exploration tasks assigned by the state ahead of schedule. This includes significant increases in the resource volumes of minerals such as rare earths, aluminum, manganese, tin, antimony, and indium, further solidifying Guangxi’s position in strategic minerals nationwide.