I. Molybdenum Price Trend Analysis in China in March 2026

According to CTIA GROUP LTD, the price trend of molybdenum products in China in March 2026 remained relatively stable.

Molybdenum market update on April 1, 2026

The domestic molybdenum market continues to operate in a steady and slightly strong manner.

Analysis of Latest Tungsten Market from Chinatungsten Online

At the beginning of April, tungsten prices trended downwards. Profit-taking by holders and heightened fear of high prices among buyers eased the supply shortage at mines and smelters, leading to a slight weakening of prices. 

Molybdenum market update on March 31, 2026

The domestic molybdenum market continues to operate on the stronger side, mainly reflected in a slight increase in the prices of mainstream molybdenum raw materials, a lower willingness among suppliers to reduce prices for sales, and good actual trading volumes.

Average Prices of Tungsten Products in March 2026

According to statistics from China Tungsten Online, in March 2026, the average price of 65% black tungsten concentrate was RMB 986,136/ton, up 41.15% month-on-month and up 599.86% year-on-year; the price at the end of the month was 20.48% higher than at the beginning of the month.

Average Prices of Tungsten Products in the First Quarter of 2026

According to statistics from China Tungsten Online, from January to March 2026, the average price of 65% wolframite concentrate was RMB 741,155/ton, an increase of 117.86% compared to the average price in the fourth quarter of 2025, and an increase of 416.73% compared to the average price in the first quarter of 2025. The price at the end of March was 117.39% higher than the beginning of the year.

Analysis of Latest Tungsten Market from Chinatungsten Online

In the first quarter of 2026, the Chinese tungsten market maintained a strong upward trend, primarily driven by persistently tight raw material supply, resilient downstream demand, and optimistic market expectations regarding the strategic attributes of tungsten. Entering March, the tungsten market exhibited a pattern of initial rise followed by a decline.

Molybdenum market update on March 30, 2026

On Monday, the domestic molybdenum market maintained a firm performance. With good downstream demand and tightening raw material supply, traders' quotes remained generally stable.

Analysis of Latest Tungsten Market from Chinatungsten Online

Tungsten prices remained stable on Monday, with market supply and demand at a stalemate and transactions primarily driven by immediate needs. However, continued strength in international tungsten prices, coupled with a slight rebound in the scrap tungsten market over the weekend, provided some support to market sentiment.

Molybdenum market update on March 27, 2026

This week, the domestic molybdenum market showed a generally stable but slightly weaker trend. The price of molybdenum concentrate decreased by RMB 30 per ton-degree, a decline of 0.68%; the price of ferromolybdenum decreased by RMB 3,000 per ton, a decline of 1.06%; the price of molybdenum oxide decreased by RMB 30 per ton-degree, a decline of 0.66%.