Analysis of latest tungsten market from Chinatungsten Online 

Tungsten prices continued to weaken, with large tungsten enterprises again quoting low prices in long-term contracts, dampening market confidence. The current supply-demand mismatch in the tungsten market, coupled with widespread bearish sentiment among purchasers, has led to sluggish transaction performance and insufficient market vitality.

Molybdenum market update on March 11, 2025

The domestic molybdenum market is exhibiting an overall stable yet slightly weak pattern, primarily characterized by a slight decline in the price focus of many products and low enthusiasm among traders for market participation. Today, the prices of molybdenum concentrate, molybdenum iron, and ammonium tetramolybdate have decreased by approximately 50 yuan/ton-degree, 2,000 yuan/ton, and 1,000 yuan/ton, respectively.

Recently, according to a report from the Press Office of the Inner Mongolia Autonomous Region Government, in 2024, the region’s public welfare geological exploration efforts achieved significant results, playing a leading and exemplary role, while the commercial exploration market continued to heat up, with several mines realizing substantial increases in reserves.

Recently, two national standards, led by the Provincial Tungsten and Rare Earth Quality Inspection Center, were officially released on January 24, 2025: GB/T 6150.19-2025: Methods for Chemical Analysis of Tungsten Concentrates-Part 19: Determination of Fluorine Content-Ion-Selective Electrode Method and GB/T 6150.20-2025: Methods for Chemical Analysis of Tungsten Concentrates-Part 20: Determination of Mercury Content-Direct Solid Sampling Method. The release of these two new standards not only standardizes the analytical methods for detecting fluorine and mercury content in tungsten concentrates, improving the accuracy and comparability of test results, but also facilitates research on environmental pollution issues during the production and processing of tungsten concentrates. This provides strong support for the implementation of the national ecological and environmental protection strategy.

Analysis of latest tungsten market from Chinatungsten Online 

On Monday, tungsten prices remained generally stable, with weak market trading sentiment persisting due to relatively slow demand recovery.

Molybdenum market update on March 10, 2025

At the beginning of the week, the domestic molybdenum market continued to maintain a relatively weak performance, primarily due to factors such as lackluster inquiry and procurement activity from downstream users, low steel tender prices, and a fluctuating decline in international molybdenum prices.

According to the Ganzhou Municipal Market Regulation Administration, two national standards led by the Jiangxi Provincial Tungsten and Rare Earth Product Quality Supervision and Inspection Center - "Methods for Chemical Analysis of Tungsten Concentrates — Part 19: Determination of Fluoride Content — Ion Selective Electrode Method" (GB/T 6150.19-2025) and "Methods for Chemical Analysis of Tungsten Concentrates —  Part 20: Determination of Mercury Content — Solid Sampling and Direct Mercury Analysis Method" (GB/T 6150.20-2025) - were officially released on January 24, 2025. The establishment of these standards marks a significant milestone in the standardization progress of China's tungsten concentrate chemical analysis field, demonstrating the nation's technical capabilities and regulatory leadership in this domain.

Analysis of latest tungsten market from Chinatungsten Online 

This week, the tungsten market trended generally weak. The downturn was driven by sluggish demand, a complex global political and economic environment, and rising trade barriers, which have dampened consumer confidence. Additionally, industry institutions and tungsten companies lowered their quotations, reflecting market weakness and undermining traders' pricing confidence.

Molybdenum market update on March 7, 2025

This week, the domestic molybdenum market in China exhibited an overall pattern of volatile decline, primarily attributed to the continuous drop in steel procurement price, a weak international molybdenum market, relatively abundant spot supply in the market, and a wavering confidence among suppliers in maintaining stable prices.

According to the Legal Information Network of the Ministry of Justice of Tajikistan, President Emomali Rahmon has ordered the declassification of data on the Ikal tungsten-gold deposit located 60 kilometers from Khorog in the Rushan District of the Gorno-Badakhshan Autonomous Region. This move aims to attract foreign investment. Currently, relevant data on this deposit is stored in the National Geological Information Reserve of the Tajikistan Geology Service. In addition to tungsten and gold, the deposit also contains copper and cobalt.