Tungsten News

Tungsten News
Rare Earth Market Update-February 18, 2025 41

Rare earth market update on February 18, 2025 China’s rare earth overall price fluctuates within a narrow range. With a relatively balanced supply-demand relationship and no major positive news released in the market, the trade negotiation atmosphere is somewhat stagnant, leading to low market trading enthusiasm and slow order growth. Today, the prices of praseodymium oxide, erbium oxide, and dysprosium ferroalloy are stabilized at around 451,000 yuan/ton, 297,000 yuan/ton, and 1,700,000 yuan/ton respectively. China Tungsten Online believes that the recent…

Tungsten News
Insufficient Tungsten Ore Supply and Weak Alloy Demand 36

Analysis of latest tungsten market from Chinatungsten Online The tungsten market is characterized by a strong stalemate atmosphere. This is due to the insufficient elasticity of tungsten ore supply and limited purchasing demand from consumers. Fundamentals in the market remain in a continuous battle between bulls and bears. Coupled with the uncertain impacts of global geopolitical risks and trade barriers on the macro front, operators are cautious in their trading sentiments, maintaining a stalemate and stability in market conditions. The…

Tungsten News
Jiangxi Tungsten Concentrate Price Remained the Same in January 2025 65

Recently, the official website of the Jiangxi Provincial Development and Reform Commission showed that the average price of 65 kinds of daily necessities included in the monitoring catalogue in Jiangxi increased by 40, decreased by 18, and remained unchanged by 7. Among them, the price of tungsten concentrate in industrial production materials remained unchanged, the price of rare earth remained unchanged, the price of steel fell more than it rose, and the price of copper rose slightly. In terms of…

Tungsten News
Transfer of Detailed Exploration Rights for Xujiajian W-Sn Mine, Jiangxi 52

According to the announcement of the Jiangxi Provincial Natural Resources Department, the Second Geological Brigade of Jiangxi Geological Bureau has transferred the detailed exploration rights for the Xujiajian W-Sn Mine in Fuliang County, Jiangxi Province, with a transfer price of RMB 0. It is reported that the mine has achieved certain exploration results. In 2005, the Northwest Jiangxi Geological Brigade conducted a general survey of tin (tungsten) mines in the peripheral Bazinao mining area and carried out a small number…

Tungsten News
Prices of Tungsten Carbide Powder and Cobalt Powder Decline 57

Analysis of latest tungsten market from Chinatungsten Online The tungsten market exhibited a weak but stable trend on Monday, as demand was sluggish, impacting business sentiment. Tungsten raw material prices were under pressure and showed signs of easing. However, due to limited increases in tungsten ore supply, businesses were cautious in adjusting prices, resulting in only minor declines in the market. Participants were awaiting directional news from the industry and macroeconomic risks. The price of 65% black tungsten concentrate was…

Tungsten News
Molybdenum Market Update-February 17, 2025 63

Molybdenum market update on February 17, 2025 At the beginning of the week, the domestic molybdenum market as a whole continued to maintain a sideways operation. Under the influence of factors such as stable downstream demand, low steel bids for ferromolybdenum, tepid international molybdenum market, and the gradual weakening of production costs to support product prices, suppliers basically maintained rational quotations. Today, the prices of molybdenum concentrate, ferromolybdenum and molybdenum oxide are about 3,560 yuan/ton, 230,000 yuan/ton and 3,660 yuan/ton,…

Tungsten News
Rare Earth Market Update-February 17, 2025 47

Rare earth market update on February 17, 2025 At the beginning of the week, domestic rare earth prices showed mixed trends, with some categories remaining stable while others experienced slight declines. Notably, the price of terbium oxide decreased by approximately 10 yuan/kg, and the price of holmium oxide dropped by around 2,000 yuan/ton. This downward adjustment was primarily driven by weak downstream demand, as end-users showed limited willingness to accept high-priced materials, coupled with suppliers’ constrained ability to raise prices.…

Tungsten News
Why Does China Implement Export Controls on Tungsten Alloy? 92

On February 4, 2025, the Ministry of Commerce announced its decision to implement export controls on tungsten-related items, including tungsten alloy, tungsten-copper alloy, tungsten-silver alloy, tungsten-nickel-iron alloy, tungsten-nickel-copper alloy, etc., with specific characteristics or dimensions. Additionally, according to the “Export Control List of Dual-Use Items of the People’s Republic of China,” products such as tungsten-rhenium alloy (with a combined content of rhenium and tungsten of 90% or more) are also included in the export control list. So, why does China…

Tungsten News
Price Reduction for Tungsten Concentrate and Tungsten Powder 67

Analysis of latest tungsten market from Chinatungsten Online Tungsten prices experienced a slight decrease this week. Firstly, as the market resumption rate gradually increases, demand has not significantly risen, leading to a weakening of price support due to tight raw material supplies. Secondly, minor reductions in tungsten raw material quotes from large tungsten enterprises further affected traders’ confidence. The current tungsten market is characterized by intense competition, with significant support for the market still coming from tight supplies and high…

Tungsten News
Molybdenum Market Update-February 14, 2025 67

Molybdenum market update on February 14, 2025 This week, the domestic molybdenum market exhibited a generally weak consolidation trend, with the price of molybdenum concentrate dropping by approximately 0.28%, ferromolybdenum prices falling by about 0.43%, and molybdenum oxide prices declining by around 0.27%. In this context, traders’ sentiment has become relatively complex, with most adopting a cautious and wait-and-see approach. Recently, the sales price of Mo50-55% grade molybdenum concentrate from a mine in Jilin was reported at RMB 3,570 per…

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