Tungsten News

Tungsten News
Molybdenum Market Update – March 13, 2025 68

Molybdenum market update on March 13, 2025 The domestic molybdenum market continues to exhibit a pattern of persistent declines that are difficult to halt, with the magnitude of price drops for molybdenum products slightly increasing. Today, the price of molybdenum concentrate fell by approximately 50 yuan, molybdenum iron by about 1,000 yuan, ammonium tetramolybdate by around 3,000 yuan, molybdenum powder by about 5 yuan, and molybdenum oxide by approximately 30 yuan. Against this backdrop, many downstream users remain willing to…

Tungsten News
Rare Earth Market Update – March 13, 2025 45

Rare earth market update on March 13, 2025 The domestic rare earth market has generally maintained a sideways trend, with traders sticking to rigid transactions amid a relatively balanced supply-demand relationship and the complex and volatile global economic backdrop. This has made it difficult for product prices to rise or fall significantly, while transaction volumes remain limited. Today, the prices of praseodymium oxide, gadolinium oxide, and dysprosium oxide are consolidating around 464,000 yuan/ton, 167,000 yuan/ton, and 1,720,000 yuan/ton, respectively. From…

Tungsten News
Molybdenum Market Update – March 12, 2025 69

Molybdenum market update on March 12, 2025 The overall situation of the domestic molybdenum market remains weak, with a buyer’s market holding a significant advantage amid the interplay of bullish and bearish factors. This is primarily reflected in the continuous decline in prices of most products and a strong willingness among suppliers to sell at reduced prices. Today, the prices of molybdenum concentrate, molybdenum oxide, and molybdenum scrap have dropped to approximately 3,400 yuan/ton-degree, 3,500 yuan/ton-degree, and 383 yuan/kg, respectively.…

Tungsten News
Rare Earth Market Update – March 12, 2025 36

Rare earth market update on March 12, 2025 The overall situation of the domestic rare earth market remains relatively favorable, primarily reflected in the continued upward trend of prices for various rare earth raw materials, strong inquiry and procurement enthusiasm from downstream users, and a prevalent reluctance among suppliers to sell due to bullish expectations. Today, the prices of praseodymium-neodymium oxide, praseodymium-neodymium metal, and gadolinium oxide have increased by approximately 2,000 yuan/ton, 1,000 yuan/ton, and 1,000 yuan/ton, respectively. Notably, in…

Tungsten News
Tungsten and Cobalt Prices Diverge, Cemented Carbide Sector in Stalemate 62

Domestic Tungsten Market Trends and Fundamentals The trend of domestic tungsten prices is weakly stable, with market fundamentals remaining in a stalemate. Resources at the mining end are limited, and terminal demand is poor. Intermediate smelting manufacturers are facing significant pressure from inventory accumulation and price inversion. Macroeconomic Influences Recently, overall confidence in the macroeconomic environment has been weak. High international trade barriers, along with sanctions and counter-sanctions between major countries, are affecting export business. Additionally, the cooling of manufacturing…

Tungsten News
Cheap Tungsten, Costly Cobalt 56

Analysis of latest tungsten market from Chinatungsten Online Tungsten prices continued to weaken, with large tungsten enterprises again quoting low prices in long-term contracts, dampening market confidence. The current supply-demand mismatch in the tungsten market, coupled with widespread bearish sentiment among purchasers, has led to sluggish transaction performance and insufficient market vitality. Tungsten enterprises quoted long-term contract prices for raw materials at 138,000 yuan per ton for 55% wolframite concentrate, 137,000 yuan per ton for 55% scheelite concentrate, and ammonium…

Tungsten News
[Know Tungsten] Transportation and Storage of Ammonium Metatungstate 201

According to ‘GB/T 26033-2010 Ammonium Metatungstate’, during the transportation of ammonium metatungstate, it is necessary to take care to prevent moisture and avoid severe collisions. The product shall be stored in a dry, ventilated place free from acidic or alkaline atmosphere. From the date of receiving the product, the storage period for spray – dried material shall not exceed six months, and that for crystalline material shall not exceed one month.

Tungsten News
[Know Tungsten] Ammonium Metatungstate Packaging 181

According to ‘GB/T 26033-2010 Ammonium Metatungstate’, ammonium metatungstate is generally packaged in iron drums, lined with polyethylene plastic bags for sealing. If there are special requirements for packaging, they shall be determined through negotiation between the supplier and the buyer. The weight of each package shall also be determined through negotiation between the supplier and the buyer.

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