Tungsten News

Tungsten News
Molybdenum Market – June 17, 2025 37

Molybdenum market update on June 17, 2025 The domestic molybdenum market is currently showing a high-level stalemate. With suppliers generally unwilling to lower prices and downstream purchases mainly focused on rigid demand, product prices are fluctuating within a narrow range, and actual transaction activity remains moderate. Recently, a molybdenum concentrate from a mine in Yunnan was sold at RMB 3,822 per ton-unit. On the supply side, although downstream enterprises have shown less enthusiasm for inquiries and procurement compared to previous…

Tungsten News
Rare Earth Market – June 17, 2025 48

Rare earth market update on June 17, 2025 The domestic rare earth market has remained in a sideways trend overall, with low trading activity and no significant price fluctuations due to traders largely maintaining rigid, demand-driven transactions. As of today, the prices of neodymium oxide, erbium oxide, and holmium oxide are approximately RMB 450,000/ton, RMB 305,000/ton, and RMB 520,000/ton, respectively. On the positive side, two key factors are supporting the market. First, production costs remain high, overseas rare earth prices…

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Tungsten Market Stalemate Persists – June 17, 2025 42

Analysis of Latest Tungsten Market from Chinatungsten Online Tungsten prices continue to stabilize, and the supply-demand stalemate continues. On the one hand, the scarcity of tungsten resources and the value attributes of strategic resources continue to support the market. On the other hand, buyers are afraid of high prices and have no intention to follow up with more mining, and transactions are negotiated on a case-by-case basis. The market volatility trend is not clear yet, and participants generally take a…

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The Rare Earth Permanent Magnet Sector Performed Strongly 35

The first U.S.-China economic and trade consultation mechanism meeting was held in London on June 9-10, 2025. Reports indicate that both sides reached a framework agreement in principle to implement the consensus from the June 5 leaders’ call and the Geneva talks. The U.S. Commerce Secretary stated that the trade framework and implementation plan with China should resolve restrictions on rare earths and magnetic materials. In the context of the meeting’s focus on rare earths and technology exports, the rare…

Tungsten News
Molybdenum Market – June 16, 2025 58

Molybdenum market update on June 16, 2025 At the beginning of the week, the domestic molybdenum market exhibited a weak trend. As earlier bullish factors fade, raw material suppliers’ confidence in maintaining prices has weakened, leading to a thickening atmosphere of market caution. In the short term, industry players are adopting a cautious stance toward future market conditions. According to CTIA GROUP LTD, the previous price increase was supported by tight molybdenum concentrate spot supply and steady downstream demand, prompting…

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Rare Earth Market – June 16, 2025 62

Rare earth market update on June 16, 2025 At the beginning of the week, the domestic rare earth market exhibited a weak trend, with limited supplier price concessions and lackluster downstream demand growth leading to a subdued trading atmosphere. Some product prices saw a slight downward shift, and market participants expressed cautious confidence in future prospects. Today, praseodymium-neodymium metal, terbium oxide, and dysprosium-iron alloy prices dropped by approximately 2,000 yuan/ton, 50 yuan/kg, and 20,000 yuan/ton, respectively. However, bolstered by robust…

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Tungsten Prices Experience a Slight Periodic Decline – June 16, 2025 250

Analysis of Latest Tungsten Market from Chinatungsten Online Tungsten prices show a periodic correction feature, and the profit-taking sentiment of holders and the increase in price-cutting inquiries from buyers have increased, so the overall downward adjustment transaction has increased slightly. However, due to the outstanding contradiction between the support of the raw material end and the cautious mining on the consumer end, the market actual order transaction volume is not large, and the transaction price fluctuation is limited. The tungsten…

Tungsten News
Molybdenum Market – June 13, 2025 44

Molybdenum market update on June 13, 2025 The domestic molybdenum market is currently in a high-level stalemate phase, with a mix of bullish and bearish factors leading to a somewhat stagnant negotiation atmosphere between buyers and sellers. Product prices remain relatively stable, and actual transaction volumes are moderate. According to CTIA GROUP LTD, influenced by the recent significant rise in molybdenum raw material prices, several molybdenum wire production companies have raised their product prices since June. For instance, the price…

Tungsten News
Rare Earth Market – June 13, 2025 177

Rare earth market update on June 13, 2025 The domestic rare earth market is experiencing poor conditions, with most product prices continuing to decline. Praseodymium-neodymium metal, terbium oxide, and dysprosium-iron alloy prices have decreased by approximately 3,000 yuan/ton, 50 yuan/kg, and 10,000 yuan/ton, respectively. This is primarily due to prolonged weak downstream demand and an increase in spot market inventory. However, influenced by strong production cost support, high overseas rare earth prices, and the expanding applications of rare earths, suppliers…

Tungsten News
Tungsten Prices Temporarily Stable – June 13, 2025 223

Analysis of Latest Tungsten Market from Chinatungsten Online This week, tungsten prices showed a sideways trend, and divergent opinions in the market suppressed the overall transaction volume. Suppliers on the raw material side were reluctant to sell, tending to maintain a high quotation and waiting for downstream adaptation. The purchasing willingness on the consumer side was sluggish due to high costs, and the on-demand purchase strategy was implemented to reduce risks. The number of traders taking profits increased, increasing the…

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