Molybdenum market update on October 10, 2026

The overall domestic molybdenum market showed a high-level weak trend, mainly manifested in slight price declines of some molybdenum products, slow order growth, and somewhat insufficient confidence among industry participants in the future market.

Analysis of Latest Tungsten Market from Chinatungsten Online

Tungsten prices remain in a weak adjustment phase, with relatively slow demand digestion, persistently quiet spot transactions, and market confidence is in urgent need of repair.

I. Analysis of China's molybdenum price market in September 2026

According to CTIA GROUP, in September 2026, the Chinese molybdenum market showed a high and strengthening trend, mainly attributable to stable downstream demand, tight spot supply of raw materials, and good international molybdenum market conditions. In September, the total volume of ferromolybdenum tenders was approximately 12,000 tons.

Molybdenum market update on October 9, 2026

The domestic molybdenum market as a whole maintained a sideways operation. Affected by the just-concluded Mid-Autumn Festival holiday, traders had low enthusiasm for entering the market, causing product prices to fluctuate within a narrow range and actual transaction volumes to be limited.

Analysis of Latest Tungsten Market from Chinatungsten Online

China’s tungsten market remains in a weak operating cycle, with overall trading activity subdued. Yesterday, price quotes from an industry organization and a tungsten producer sent a price-stabilization signal, and the market’s downward momentum eased somewhat. However, actual downstream demand feedback remains limited, confidence restoration will take time, and transaction negotiations are generally cautious and under pressure.

Analysis of Latest Tungsten Market from Chinatungsten Online

On the first trading day after the National Day, short sentiment dominated the domestic tungsten market, with overall prices moving downward and trading cautious. Industry players are waiting to see how prices predicted by industry organization and long-term purchase prices of mainstream tungsten companies will be implemented.

Molybdenum market update on October 8, 2026

On the first day after the holiday, the overall domestic molybdenum market performed weakly. Affected by the volatile downward trend of overseas molybdenum prices during the National Day holiday and domestic traders not yet having resumed their normal trading pace, prices of some products declined slightly, and actual transaction volumes were relatively small.

Average Prices of Tungsten Products from January to September 2026

From January to September 2026, the average price of 65% wolframite concentrate was RMB 593,422/standard ton, up 233.74% year-on-year from the January to September 2025 average. The price at the end of September was 17.39% lower than at the beginning of the year.

Average Prices of Tungsten Products in the Third Quarter Of 2026

In the third quarter of 2026, the average price of 65% wolframite concentrate was RMB 418,500/standard ton, down 34.83% quarter-on-quarter from the Q2 average and up 86.77% year-on-year from the Q3 2025 average.

Average Prices of Tungsten Products in September 2026

In September 2026, the average price of 65% wolframite concentrate was RMB 409,136/standard ton, down 1.81% month-on-month from the August 2026 average and up 46.94% year-on-year from the September 2025 average. The month-end price was 9.09% lower than the month-start price.