Tungsten News

Tungsten News
Molybdenum Market Update – April 24, 2025 39

Molybdenum market update on April 24, 2025 The domestic molybdenum market in China is performing relatively well overall. Despite the interplay of bullish and bearish factors, most molybdenum product prices continue to rise, and actual transaction volumes remain substantial. However, due to intense price negotiations between buyers and sellers, the extent of price increases is relatively small. In the molybdenum concentrate market, trading activity is high. In addition to increased inquiries and purchasing enthusiasm from downstream users, the recent price…

Tungsten News
Rare Earth market Update – April 24, 2025 55

Rare earth market update on April 24, 2025 The domestic rare earth market in China continues to show a downward trend, with prices for praseodymium oxide, praseodymium-neodymium metal, terbium oxide, and dysprosium oxide dropping by approximately 10,000 yuan/ton, 4,000 yuan/ton, 260 yuan/kg, and 30,000 yuan/ton, respectively. Compared to the previous two days, the price declines for these products have intensified. Notably, despite the continuous price drops in recent days, inquiries from downstream users have increased, but actual transaction volumes remain…

Tungsten News
Core Logic Behind the Current Tungsten Price Surge 41

Analysis of Latest Tungsten Market from Chinatungsten Online Core Logic Behind the Current Tungsten Price Surge: The rise in tungsten prices is driven by a combination of tightening policies, supply constraints, and speculative capital involvement. According to China Tungsten Online, since late March, the price of 65% black tungsten concentrate has risen by 5.71%, ammonium paratungstate (APT) by 4.83%, tungsten powder by 3.17%, and 70% ferrotungsten by 7.78%. 1. Supply Constraints Declining Ore Grades: The non-renewable tungsten ore grades continue…

Tungsten News
Molybdenum Market Update – April 23, 2025 41

Molybdenum market update on April 23, 2025 The domestic molybdenum market in China is showing a general upward trend, with prices for molybdenum concentrate, ferromolybdenum, and ammonium heptamolybdate rising by approximately 20 yuan/ton-degree, 2,000 yuan/ton, and 1,000 yuan/ton, respectively. Under these conditions, both buyers and sellers are highly engaged, and trading volumes remain at a relatively substantial level. In the molybdenum concentrate market, the buying and selling atmosphere is positive. Supported by increased inquiries from downstream buyers and rising steel…

Tungsten News
Rare Earth market Update – April 23, 2025 35

Rare earth market update on April 23, 2025 The domestic rare earth market in China continues to perform poorly. As positive support weakens, the buyer’s market holds a significant advantage, primarily reflected in fluctuating declines in mainstream product prices and low order volumes. Today, prices for praseodymium-neodymium metal, dysprosium-iron alloy, and terbium oxide dropped by approximately 3,000 yuan/ton, 10,000 yuan/ton, and 140 yuan/kg, respectively. Notably, the price of terbium oxide has seen a significant decline over the past two days,…

Tungsten News
Tungsten Concentrate and Tungsten Powder Prices Remain Strong 44

Analysis of latest tungsten market from Chinatungsten Online Tungsten prices continue to be strong. Tungsten raw materials are willing to rise due to tight supply. There is no information on improvement in market demand margins. Due to the difficulty in clearing external geopolitical and economic and trade risks and limited consumer confidence, the overall tungsten market continues to have a price-no-market situation, and the spot trading atmosphere is cautious. In the tungsten concentrate market, key mineral protection measures have been…

Tungsten News
Molybdenum Market Update – April 22, 2025 21

Molybdenum market update on April 22, 2025 The domestic molybdenum market in China continues to show an overall upward trend. Amid intertwined bullish and bearish factors, the consumer market is gradually shifting from a buyer’s market to a seller’s market, primarily reflected in slight price increases for most products and a relatively fast growth in orders. In the molybdenum concentrate market, transaction prices are around 3,290 yuan/ton-degree. Influenced by increased inquiries from downstream buyers and strong production support, suppliers are…

Tungsten News
Rare Earth market Update – April 22, 2025 20

Rare earth market update on April 22, 2025 The domestic rare earth market in China continues to operate weakly, mainly reflected in slight price declines for some products, low enthusiasm among traders for market operations, and a scarcity of new orders. Today, prices for praseodymium-neodymium metal, gadolinium oxide, and terbium oxide dropped by approximately 2,000 yuan/ton, 3,000 yuan/ton, and 80 yuan/kg, respectively. Industry players are currently focused on the demand dynamics of magnetic material companies and the announcement of the…

Tungsten News
Total Control Index of Tungsten Mining in 2025 (First Batch) 63

On April 3, 2025, the Ministry of Natural Resources issued the first batch of tungsten ore (tungsten trioxide content 65%) mining total control index of 58,000 tons in 2025, which is 4,000 tons less than the first batch of 2024, a decrease of 6.45%. Among them, Heilongjiang, Zhejiang, Anhui, and Hubei have not allocated indicators, and Jiangxi, Guangdong, Guangxi, Yunnan, Gansu, and Xinjiang have lowered their allocation indicators to varying degrees. Notice of the Ministry of Natural Resources on Issuing…

Tungsten News
Tungsten Prices Remain Firm Due to Tight Supply 45

Analysis of latest tungsten market from Chinatungsten Online Tungsten prices remain strong. On the one hand, the first batch of tungsten mining total control indicators this year have been lowered, strengthening the view of tight supply; on the other hand, the tungsten raw material quotations of several large domestic tungsten companies have been raised, consolidating the market’s support for the market. On the demand side, due to the many challenges facing the international trade environment and the need to further…

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