Analysis of Latest Tungsten Market from Chinatungsten Online

What Factors Are Influencing Recent Tungsten Prices?

65% wolframite concentrate: RMB 450,000/ton, a 57.1% decrease from its peak and a 2.2% drop from the beginning of the year.

Molybdenum market update on June 3, 2026

The overall molybdenum market in China has shown good performance, and as the negative factors are gradually digested, the confidence of stock-holding merchants in selling has warmed up, and the prices of most molybdenum products have seen a sharp jump.

Analysis of Latest Tungsten Market from Chinatungsten Online

Tungsten prices continued their upward trend, primarily driven by increased reluctance among holders to sell at lower prices and increased restocking inquiries from downstream buyers. Market prices rose, and transaction activity recovered somewhat compared to the previous period. However, overall market circulation remains primarily driven by immediate demand, with no large-scale centralized procurement yet. A bargaining atmosphere persists between buyers and sellers, limiting the pace of price fluctuations.

I. China Molybdenum Price Market Analysis for May 2026

According to CTIA GROUP, in May 2026, the price trend of China molybdenum products showed a first rise then fall, with the prices at the end of the month generally higher than those at the beginning of the month.

Molybdenum market update on June 1, 2026

Monday, the domestic molybdenum market maintained overall strong operation. In the case of relatively balanced supply and demand relationship and stable performance of the international molybdenum market, product prices basically fluctuated within a reasonable range, the purchase and sale heat in the market was general, and transactions were limited.

Analysis of Latest Tungsten Market from Chinatungsten Online

On Monday, China's tungsten market generally trended upward. Supported by raw material costs and a recovery in sentiment across some segments of the industry chain, prices for major tungsten varieties rose slightly. However, transactions were mostly driven by immediate needs, and the market remained in an exploratory phase.

Molybdenum market update on May 29, 2026

The domestic molybdenum prices trended down first and then up this week, with a strong wait-and-see sentiment in the market and limited new orders.

Analysis of Latest Tungsten Market from Chinatungsten Online

In May 2026, the Chinese tungsten market experienced a period of accelerated downward adjustment. Prices of major tungsten raw materials generally fell back to levels seen at the beginning of the year or the end of 2025, a drop of approximately 60% from the historical peak in mid-March, with a cumulative decline of over 40% within the month.

Molybdenum market update on May 28, 2026

The domestic molybdenum market as a whole showed a trend of stabilizing and rebounding, with the prices of molybdenum concentrate, ferromolybdenum and sodium molybdate increasing by approximately RMB 30/ton-degree, RMB 3,000/ton and RMB 2,000/ton, respectively.

Analysis of Latest Tungsten Market from Chinatungsten Online

The tungsten market continued its differentiated trend, with upstream prices showing stronger signs of bottoming out and rebounding, while downstream confidence remained to be restored, resulting in cautious market transactions.