Analysis of Latest Tungsten Market from Chinatungsten Online

Tungsten product prices remain high, but market uncertainty is increasing. 

Analysis of Latest Tungsten Market from Chinatungsten Online

Tungsten prices continue their daily record-breaking trend. According to data from China Tungsten Online, current prices of major tungsten raw materials are more than seven times higher than at the beginning of 2025. 

Molybdenum market update on March 11, 2026

The domestic molybdenum market is generally showing a weak trend at high levels, with a battle of negotiation between holders aiming to stabilize prices and buyers pushing for better deals, which has put pressure on market performance. Today, the prices of molybdenum concentrate and molybdenum ferrodecreased by approximately RMB 20/ton-degree and RMB 2,000/ton, respectively.

Molybdenum market update on March 10, 2026

The domestic molybdenum market remains strong at high levels. In the context of a complex and volatile macroeconomic situation and the increasing strategic importance of metal resources, the atmosphere between buyers and sellers is slightly tense, with no significant fluctuations in product prices, and actual transaction volumes are limited.

Analysis of Latest Tungsten Market from Chinatungsten Online

Since the Spring Festival of 2026, tungsten prices have been surging almost daily. According to data from China Tungsten Online, as of press time, the price of tungsten concentrate has reached RMB 1 million/ton, ammonium paratungstate has exceeded RMB 1.45 million/ton, and tungsten powder has surpassed RMB 2.3 million/ton. Tungsten prices have increased by over 110% since the beginning of 2026, and by approximately 600% since the start of 2025.

Molybdenum market update on March 9, 2026

On Monday, the domestic molybdenum market maintained overall stability. With supply and demand relatively balanced and no significant news in the industry, product prices remained within a narrow range.

Analysis of Latest Tungsten Market from Chinatungsten Online

On Monday, tungsten prices hit new highs, with the strong momentum of prices doubling in just over two months showing no signs of abating, and both domestic and international tungsten prices rising in unison. Driven by the firm atmosphere in the tungsten raw material market, the willingness to cash out tungsten scrap has weakened, and the atmosphere of holding back sales in anticipation of further price increases has increased. 

Molybdenum market update on March 6, 2026

This week, the domestic molybdenum market remained stable at a high level, mainly due to insufficient driving force for suppliers to increase their quotes again and the lack of significant growth in downstream demand.

Analysis of Latest Tungsten Market from Chinatungsten Online

Tungsten prices continued their strong upward trend this week, with the market fundamentals remaining tight on supply and cautious in transactions. The value expectation for tungsten as a strategic resource remained relatively positive amid international geopolitical instability. 

Analysis of Latest Tungsten Market from Chinatungsten Online

According to data from China Tungsten Online, as of press time, the price of tungsten concentrate has reached RMB 900,000/ton (RMB), ammonium paratungstate has reached RMB 1.33 million/ton, and both tungsten powder and tungsten carbide powder have exceeded RMB 2 million/ton! This more than fivefold increase since last year is unmatched by any other metal, including precious metals.