Analysis of latest tungsten market from Chinatungsten Online 

The tungsten market offers appear somewhat chaotic, with a combination of industry supply-demand imbalance, geopolitical policy games among major powers, and global economic turbulence leading to a divergence in market sentiment between bullish and bearish outlooks. 

On April 4, 2025, the Customs Tariff Commission of the State Council of China announced that, effective from 12:01 on April 10, 2025, a 34% tariff will be imposed on all goods imported from the United States, in addition to the existing applicable tariff rates. Goods that departed their point of origin before 12:01 on April 10, 2025, and are imported between that time and 24:00 on May 13, 2025, will be exempt from this additional tariff.

Molybdenum market update on April 7, 2025

At the start of the week, China’s domestic molybdenum market maintained stable operations.

On April 2, 2025, the U.S. government announced the imposition of "reciprocal tariffs" on goods exported from China to the United States. China’s official stance is that this move violates international trade rules, severely undermines China’s legitimate rights and interests, and constitutes a typical act of unilateral bullying. It not only harms U.S. interests but also threatens global economic development and the stability of industrial and supply chains.