Molybdenum Market Insider:​​

• ​​Molybdenum Raw Materials:​​ Molybdenum concentrate buyers are currently watching and waiting, leading to slower market circulation. Spot offers for ferromolybdenum are in the range of ​​288,000 - 291,000 RMB/ton​​, with an increase in selling interest. As of today, the total volume of ferromolybdenum procured via steel tenders in August (including long-term agreements) stands at ​​12,700 tons​​.
• •​​Ammonium Molybdate:​​ First-grade ammonium dimolybdate or tetramolybdate is priced between ​​272,000 - 275,000 RMB/ton​​, but transactions are僵持 (deadlocked), with buyers and sellers in a tug-of-war.
• •​​Molybdenum Powder:​​ The market for molybdenum powder is quoted at ​​500 - 510 RMB/kg​​, though resistance is encountered at higher prices.

​​Comprehensive Analysis:​​ The molybdenum raw materials market is generally calm today. Ammonium molybdate and molybdenum powder are nominally priced with thin actual transactions. Downstream users remain cautious, adopting a wait-and-see approach and strictly aligning procurement with sales orders.

​​Tungsten Market Insider:​​

• •​​Tungsten Concentrate:​​ Prices remain high, with 55-60% tungsten concentrate referenced at ​​242,000 - 250,000 RMB/standard ton​​. The price gap has widened.
• •​​APT (Ammonium Paratungstate):​​ Spot offers for APT are试探 (testing) ​​375,000 RMB/ton​​ and above, though actual transaction pace has slowed.
• •​​Tungsten Powder:​​ Negotiated prices for tungsten powder have risen to ​​560 RMB/kg​​ and beyond, with some testing offers even reaching ​​580 - 600 RMB/kg​​. However, these levels are (nominally high but with few actual transactions).

​​Comprehensive Analysis:​​ Tungsten raw material prices remain elevated today. APT is consolidating with reduced volume, while tungsten powder offers hold firm. Nonetheless, the total volume of actual transactions continues to shrink, and cautious sentiment is slightly increasing.

Data Source: Molybdenum & Tungsten Cloud Commerce