Analysis of Latest Tungsten Market from Chinatungsten Online

In January 2026, the Chinese tungsten market achieved a strong start, with mainstream tungsten product prices rising continuously, averaging about 1.5% per day. As of press time, tungsten concentrate prices exceeded RMB 600,000/ton, ammonium paratungstate (APT) prices reached RMB 900,000/ton, and tungsten powder and tungsten carbide powder prices reached 1.48 million yuan/ton and RMB 1.43 million/ton, respectively.

1. Analysis of China Molybdenum Price Trends in January 2026

According to CTIA GROUP LTD, in January 2026 the price trend of China molybdenum products was first strong upward, then rational callback, and then sideways operation.

Analysis of Latest Tungsten Market from Chinatungsten Online

Since 2026, tungsten prices have risen by an average of about 1.5% per day. Recently, the surge has been even more rapid, with tungsten powder and tungsten carbide powder prices both breaking through the RMB 1.4 million/ton mark, representing a daily increase of 3.5%-4%.

Analysis of Latest Tungsten Market from Chinatungsten Online

The tungsten market is currently in a chaotic and sensitive phase, with pricing behavior by holders and traders becoming increasingly disorderly, and the mainstream price spread widening significantly.

Molybdenum market update on January 28, 2026

The domestic molybdenum market overall showed a dilemma pattern, mainly reflected in most product prices fluctuating within a narrow range and traders' cautious sentiment toward entering the market.

Analysis of Latest Tungsten Market from Chinatungsten Online

Recently, the international financial market has shown a highly consistent optimism regarding the future trend of gold, with major institutions raising their target prices. 

Molybdenum market update on January 27, 2026

The domestic molybdenum market overall showed no obvious changes for the time being.

Molybdenum market update on January 26, 2026

On Monday, the domestic molybdenum market overall maintained stable operation, mainly attributed to both buyers and sellers maintaining rigid transactions, industry players having general confidence in the future market, and no major news releases at the industry level.

Analysis of Latest Tungsten Market from Chinatungsten Online

Today, on Laba Festival, the tungsten market remains hot, with prices across the entire industry chain, from raw materials to finished products, alloys, and scrap, repeatedly hitting new highs. As of press time, tungsten concentrate prices are approaching RMB 550,000/ton, ammonium paratungstate prices have reached RMB 800,000/ton, and tungsten powder prices have broken through the RMB 1.3 million/ton!

Molybdenum market update on January 23, 2026

This week, the domestic molybdenum market overall showed a relatively stable trend. With low willingness among suppliers to concede prices for shipments and high caution among buyers in consumption, molybdenum product prices basically fluctuated within a narrow range, with average transactions.