Analysis of Latest Tungsten Market from Chinatungsten Online

2026 is destined to be a pivotal year for the tungsten market, fraught with uncertainty and challenges. 

Molybdenum market update on January 7, 2026

Domestic molybdenum prices rose strongly, with molybdenum concentrate, ferromolybdenum, ammonium heptamolybdate, and molybdenum powder prices increased by approximately RMB 200 per tonne-degree, RMB 5,000/ton, RMB 10,000/ton, and RMB 15/kg respectively. The substantial increase in molybdenum prices has attracted high attention from industry players.

Analysis of Latest Tungsten Market from Chinatungsten Online

Tungsten prices surged across the board, reigniting market enthusiasm. 

Analysis of Latest Tungsten Market from Chinatungsten Online

Tungsten prices remained stable, with the market maintaining a tight supply-demand balance. Compared to before the New Year's Day holiday, sellers' willingness to support the market increased, especially in the previously sluggish scrap tungsten market, where sentiment improved during the holiday, leading to a post-holiday price increase of RMB 10-20/kg.

Analysis of Latest Tungsten Market from Chinatungsten Online

Happy New Year 2026!

Analysis of Latest Tungsten Market from Chinatungsten Online

Tungsten prices maintained a narrow range of fluctuation, with overall market sentiment remaining weak recently. This was mainly due to profit-taking ahead of the New Year's Day holiday, leading to a shift from a seller's market to a buyer's market, which suppressed market sentiment and product prices. Yesterday, international precious metals were also affected by similar factors, with COMEX gold falling over 4% and silver dropping 7%.

Analysis of Latest Tungsten Market from Chinatungsten Online

On Monday, tungsten prices saw a slight pullback. Tightening liquidity and the holiday season led to some speculative selling and profit-taking. 

Analysis of Latest Tungsten Market from Chinatungsten Online

This week, tungsten prices experienced a slight upward trend before entering a consolidation phase. With the last weekend of 2025 approaching, market sentiment is complex. 

Analysis of Latest Tungsten Market from Chinatungsten Online

Tungsten prices are currently showing a stable sideways trend. With the New Year approaching, financial pressures are increasing, leading to a decrease in market activity. 

Analysis of Latest Tungsten Market from Chinatungsten Online

Merry Christmas Eve!