In today's deeply interconnected global supply chain, the escalating China-US trade friction is having a profound impact on the critical minerals sector. China, which holds the world's largest tungsten reserves (52.17% of the global total) and production (81.48% of the global total), is facing unprecedented policy and market challenges in its tungsten industry.

Molybdenum market update on April 15, 2025

The domestic molybdenum market in China continued to experience a significant downward trend, with prices for molybdenum concentrate, ferromolybdenum, and molybdenum bars falling by approximately 50 yuan/ton-degree, 4,000 yuan/ton, and 5 yuan/kg, respectively. However, despite this decline, market transaction volumes did not see a notable increase.

Analysis of latest tungsten market from Chinatungsten Online 

Tungsten prices remain generally stable, with supply-side shipments showing some release, but concessions are rare. Demand-side maintains a need-based procurement pace, with inquiries probing for price negotiations. 

Molybdenum market update on April 14, 2025

At the beginning of the week, the domestic molybdenum market in China continued its downward trend. Molybdenum concentrate and ferromolybdenum prices fell to approximately 3,300 yuan/ton-degree and 210,000 yuan/ton, respectively, while ammonium tetramolybdate and molybdenum powder prices dropped by about 3,000 yuan/ton and 5 yuan/kg, respectively.