Tungsten News

Tungsten News
Molybdenum Market – May 29, 2025 149

Molybdenum market update on May 29, 2025 The domestic molybdenum market in China is experiencing a strong upward trend, primarily driven by a tight supply of molybdenum concentrate, high downstream buying interest, and strong speculative sentiment among traders. Today, May 29, 2025, the prices of molybdenum concentrate, ferromolybdenum, and molybdenum powder surged to approximately 3,800 yuan/ton-degree, 248,000 yuan/ton, and 440 yuan/kg, respectively. According to CTIA GROUP LTD, a recent transaction in Henan involved 100 tons of molybdenum concentrate at 3,795…

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Rare Earth Market – May 29, 2025 60

Rare earth market update on May 29, 2025 The domestic rare earth market is maintaining a generally weak performance, with a mix of bullish and bearish factors creating a somewhat stalemated negotiation atmosphere between buyers and sellers. This has resulted in low market enthusiasm, product prices fluctuating within a narrow range, and limited actual transaction volumes. On the positive side, two factors stand out: first, strong production cost support and robust development in downstream rare earth industries have reduced suppliers’…

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Molybdenum Market – May 28, 2025 133

Molybdenum market update on May 28, 2025 The overall domestic molybdenum market remains optimistic. Amid the contradiction between strong downstream inquiry and procurement enthusiasm and the limited growth in raw material spot supply, molybdenum mining enterprises have significantly increased their quotations, driving up price expectations across the entire supply chain. Today, the prices of molybdenum concentrate, ferromolybdenum, and ammonium heptamolybdate have risen to approximately RMB 3,730/ton unit, RMB 243,000/ton, and RMB 235,000/ton, respectively. On the positive side, several factors are…

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Rare Earth Market – May 28, 2025 116

Rare earth market update on May 28, 2025 The domestic rare earth market remains generally stable. With most traders focusing on rigid transactions, overall market activity is relatively subdued, and the prices of mainstream light and heavy rare earth products have shown no significant fluctuations. Currently, market participants are mainly paying attention to China’s rare earth export trends, overseas supply conditions, and inquiry trends from downstream customers. Today, the prices of praseodymium oxide, gadolinium oxide, and dysprosium-iron alloy are steady…

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Tungsten Prices Rises Again – May 28, 2025 322

Analysis of Latest Tungsten Market from Chinatungsten Online After a week of correction, tungsten prices have risen again. The positive factors mainly come from: (1) Tight supply of tungsten ore resources provides a strong bottom line for the market; (2) The rigid demand for tungsten in high value-added fields such as aerospace, electronics, and precision manufacturing is maintained, and these fields have a strong ability to bear the cost of raw materials; (3) The current geopolitical complexity stimulates the increase…

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Molybdenum Market – May 27, 2025 91

Molybdenum market update on May 27, 2025 The domestic molybdenum market has shown a generally positive trend, characterized by continued price increases for many products, steady downstream demand, and a strong sentiment among raw material suppliers to hold back sales in anticipation of further price rises. Driven by the recent continuous rise in molybdenum concentrate prices, ferromolybdenum and ammonium heptamolybdate prices have broken through the 240,000 yuan/ton and 230,000 yuan/ton thresholds, respectively. According to CTIA GROUP LTD, factors such as…

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Rare Earth Prices – May 27, 2025 221

Rare earth market update on May 27, 2025 The domestic rare earth prices are generally fluctuating within a reasonable range, with neodymium oxide prices increasing by approximately 3,000 yuan/ton, terbium oxide prices rising by about 20 yuan/kg, and holmium oxide prices going up by around 2,000 yuan/ton. On the positive side, two factors are supporting this trend: first, the continued tight supply of rare earths overseas and their relatively high prices have led to a strong sentiment among domestic suppliers…

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Tungsten Market Remains Stable at High Level – May 27, 2025 108

Analysis of Latest Tungsten Market from Chinatungsten Online The tungsten market currently exhibits a high-level consolidation trend, with prices remaining stable but market sentiment showing clear divergence. On one hand, the slow pace of industrial economic recovery and insufficient terminal demand, coupled with the market’s tendency to cash in at high prices, have led to a decline in traders’ confidence. On the other hand, the persistent tightness in mining resources, strong cost support, and the growing strategic importance of tungsten…

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January-April 2025: Baotou Rare Earth Industry Added Value Increased by 12% 108

According to the Baotou Statistical Bulletin, from January to April 2025, the added value of industrial enterprises above the designated size in Baotou City increased by 13.1% year-on-year, surpassing the national (6.4%) and regional (6.1%) averages by 6.7 and 7 percentage points, respectively, marking 56 consecutive months of double-digit growth. Industry Performance (January-April 2025): Mining sector added value increased by 26.5% year-on-year. Manufacturing sector grew by 10.8%. Electricity, heat, gas, and water production and supply sectors rose by 11%. Among…

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April 2025 Jiangxi Tungsten Concentrate Price Increased 144

Recently, according to the Jiangxi Development and Reform Commission website, among the 65 essential consumer goods monitored in Jiangxi, the average prices showed 28 increases, 27 decreases, and 10 unchanged month-on-month, while year-on-year, there were 23 increases, 39 decreases, and 3 unchanged. For industrial production data, steel prices slightly decreased, tungsten concentrate prices slightly increased, rare earth prices generally saw a slight increase, cement prices slightly decreased, and sand and gravel prices overall slightly decreased. Jiangxi Tungsten Concentrate Price: In…

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