Tungsten News

Tungsten News
Molybdenum Market Update – May 6, 2025 77

Molybdenum market update on May 6, 2025 The domestic molybdenum market maintained a generally positive trend. On the first trading day after the May Day holiday, many traders had not yet fully resumed normal operations, resulting in lower market activity and limited price increases. Today, prices for molybdenum concentrate, molybdenum iron, and ammonium heptamolybdate rose to approximately 3,470 yuan/ton-degree, 227,000 yuan/ton, and 223,000 yuan/ton, respectively. According to CTIA GROUP LTD, during the May Day period, international molybdenum oxide and European…

Tungsten News
Rare Earth market Update – May 6, 2025 123

Rare earth market update on May 6, 2025 The overall domestic rare earth market remained stable, with traders primarily maintaining rigid transactions and product price showing no significant changes. Today, prices for praseodymium-neodymium oxide, gadolinium oxide, and dysprosium-iron alloy stabilized around 412,000 yuan/ton, 164,000 yuan/ton, and 1,590,000 yuan/ton, respectively. According to CTIA GROUP LTD, pre-holiday concentrated procurement by magnetic material companies drove a slight increase in rare earth permanent magnet material prices, with 55N NdFeB blank prices rising by approximately…

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Tungsten Market Stable, Awaiting Long-Term Contract Pricing Guidance 63

Analysis of Latest Tungsten Market from Chinatungsten Online After the holidays, the tungsten market showed a high-level stalemate, and both buyers and sellers were temporarily in a strategic assessment period. On the supply side, mining and smelting enterprises were affected by environmental supervision pressure, declining resource grades, and reduced mining indicators. The operating rate was low, and the raw material side had a strong willingness to support prices; on the demand side, the pace of downstream alloy factories and foreign…

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China Tungsten Market in April 2025: Supply Side Drives Up Prices 108

In April 2025, the Chinese tungsten market exhibited an overall upward trend, with the increase in tungsten ore prices effectively transmitted to intermediate smelting products, which in turn led to a collective price hike in downstream hard alloy products. According to Chinatungsten Online, tungsten ore prices surged by over 6% during the month. The primary drivers of the tungsten market’s rise stem from the supply side: (1) The decline in ore grades and the normalization of environmental production restrictions have…

Tungsten News
Price Trend of China’s Rare Earth Products in April 2025 946

I. Analysis of China’s Rare Earth Price Trends in April 2025 According to CTIA GROUP LTD, the price trends of mainstream light and heavy rare earth products in China during April 2025 showed divergence: praseodymium-neodymium prices fluctuated downward, while dysprosium and terbium prices initially rose before declining. In the light rare earth market, praseodymium-neodymium product prices continued the downward trend from late March, primarily due to limited consumption capacity of magnetic material companies, relatively ample spot market supply, and prolonged…

Tungsten News
Price Trend of China’s Molybdenum Products in April 2025 301

I. Analysis of China’s Molybdenum Price Trends in April 2025 According to CTIA GROUP LTD, the price trend of molybdenum products in China during April 2025 showed a pattern of initial stability, followed by a decline, and then a rebound. The total steel procurement of molybdenum iron was approximately 12,000 tons. At the beginning of the month, the market supply and demand were in a dynamic balance, with no significant positive drivers, leading to narrow price fluctuations and stable operations.…

Tungsten News
Molybdenum Market Update – April 29, 2025 92

Molybdenum market update on April 29, 2025 The domestic molybdenum market in China continues to heat up, primarily reflected in the renewed price surge of most molybdenum products and a relatively positive sentiment among traders entering the market. According to CTIA GROUP LTD, since April 17, 2025, molybdenum concentrate prices have risen by approximately 200 yuan, a 6.15% increase; ferromolybdenum prices have increased by about 17,000 yuan, an 8.17% rise; molybdenum oxide prices have gone up by around 170 yuan,…

Tungsten News
Rare Earth market Update – April 29, 2025 82

Rare earth market update on April 29, 2025 Domestic rare earth prices in China are consolidating within a reasonable range, with praseodymium oxide at approximately 433,000 yuan/ton, gadolinium oxide at 163,000 yuan/ton, and dysprosium oxide at 1,600,000 yuan/ton. Market activity remains subdued, with few new orders. On the positive side, strong production cost support and tightening supply of certain products have reduced suppliers’ willingness to offer discounts. On the negative side, the upcoming May Day holiday and tight liquidity have…

Tungsten News
Tungsten Market Remains Strong Before May Day 73

Analysis of Latest Tungsten Market from Chinatungsten Online As the May Day holiday approaches, the tungsten market shows no signs of changing direction. Suppliers maintain a firm stance, reluctant to sell, while buyers cautiously replenish stocks as needed. Prices for various tungsten products are steadily rising, supported by ore costs,but the transaction volume of high prices has decreased, and the game between the supply and demand sides of the tungsten market continues. The price of 65% black tungsten concentrate is…

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The Average Price of Hubei Scheelite Concentrate Rose in March 2025 76

Recently, according to the Hubei Provincial Department of Natural Resources website, in March 2025, the average price of 65% scheelite concentrate in Hubei was 139,821 yuan/ton, up approximately 11.75% year-on-year; 60% scheelite concentrate averaged 138,821 yuan/ton, up about 11.40% year-on-year; APT (ammonium paratungstate) averaged 208,060 yuan/ton, up approximately 12.26% year-on-year; and tungsten carbide powder averaged 307,429 yuan/ton, up about 12.14% year-on-year. According to CTIA GROUP LTD, in March 2025, the tungsten market experienced a tug-of-war in prices due to tight…

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