Tungsten News

Tungsten News
Average Price of Tungsten Products in the First Half of 2025 19

Average Price of Tungsten Products in the First Half of 2025 65% Wolframite Concentrate: Average price of RMB 151,800/ton, increased by 12.71% compared to the first half of 2024, with a 20.28% increase from the beginning to the end of June. 65% Scheelite Concentrate: Average price of RMB 150,800/ton, increased by 12.95% year-on-year, with a 20.42% increase from the beginning to the end of June. Ammonium Paratungstate (APT): Average price of RMB 223,200/ton, increased by 12.14% year-on-year, with an 18.96%…

Tungsten News
China’s Tungsten Market in the First Half of 2025 20

In the first half of 2025, under the influence of structural tightening on the supply side, rigid support from downstream demand, and the interweaving of international geopolitical risks, China’s tungsten market showed a composite operating characteristic of “fluctuating upward-repeatedly setting new highs-periodic correction-high-level fluctuations”. (I) Analysis of Tungsten Price Fluctuations and Their Driving Factors January: Supported by the Spring Festival effect, tungsten prices rose moderately. Affected by factors such as concentrated factory maintenance and holidays before the Spring Festival, the…

Tungsten News
Molybdenum Market – June 30, 2025 8

Molybdenum market update on June 30, 2025 The domestic molybdenum market maintained an overall weak trend at the beginning of the week, with a mix of bullish and bearish factors leading to intense price negotiations between buyers and sellers, resulting in moderate transaction activity. Recently, steel companies have continued to suppress ferromolybdenum bids, prompting general price reductions from molybdenum concentrate producers. However, due to strong production cost support and limited increases in spot supply, the decline in molybdenum concentrate prices…

Tungsten News
Rare Earth Market – June 30, 2025 22

Rare earth market update on June 30, 2025 The domestic rare earth market showed overall poor performance at the beginning of the week, primarily due to varying degrees of price declines across most products and slow order growth. This is largely attributed to insufficient inquiry and procurement enthusiasm from downstream users, coupled with a strong willingness among some suppliers to exchange volume for lower prices. Today, at 02:33 PM HKT on Monday, June 30, 2025, prices for praseodymium-neodymium oxide, terbium…

Tungsten News
CMOC group’s Layout of Gold Resources 22

On June 26th, CMOC group announced the completion of the acquisition of Canadian – listed company Lumina Gold, officially acquiring a 100% stake in the Cangrejos Project in Ecuador. The transaction was completed on June 24th, 2025. On April 21st, CMOC group announced a C $581 – million all – cash acquisition of all common shares of Lumina Gold, with the core target being this primary gold – mine project in the Andean metallogenic belt. The Cangrejos Gold Mine is…

Tungsten News
Molybdenum Market – June 27, 2025 32

Molybdenum market update on June 27, 2025 This week, the domestic molybdenum prices showed an overall downward trend, with the decline of some products slightly expanding. For example, the daily decline of molybdenum concentrate prices increased from about 10 yuan/ton-degree to about 40 yuan/ton-degree. It is worth noting that despite the price drop, the market trading volume did not significantly increase. CTIA GROUP LTD believes that the decline in molybdenum prices is a normal market reaction, mainly due to the…

Tungsten News
Rare Earth Market – June 27, 2025 27

Rare earth market update on June 27, 2025 This week, the domestic rare earth market as a whole showed a mixed pattern of ups and downs. Under the interweaving of multiple and bearish factors, the price trends of light and heavy rare earths were slightly different, but both types of products still had significant room for transaction growth. In the light rare earth market, due to weak downstream demand, stricter environmental policies, and the current low prices of light rare…

Tungsten News
Deep Supply-Demand Game in the Tungsten Market – June 27, 2025 89

Prices of Tungsten Products on June 27, 2025 Tungsten Price Trend from January to June 27, 2025 Analysis of Latest Tungsten Market from Chinatungsten Online This week, tungsten prices showed a rational correction trend, and the prices of major tungsten raw materials fell slightly, but reasonable price corrections created trading opportunities for the market. The trading activity of rigid demand in the market has increased, and the actual transaction price fluctuations are still subject to the supply-demand game. The overall…

Tungsten News
Molybdenum Market – June 26, 2025 64

Molybdenum market update on June 26, 2025 The domestic molybdenum market persists in a downward correction trend, with supportive factors weakening and steel tender prices continuing to decline, shifting consumer market sentiment from a stalemate to a downturn, and increasing industry concerns about future prospects. Today, molybdenum concentrate price decreased by another 20 yuan/ton-degree, ferromolybdenum price dropped by another 1,000 yuan/ton, and molybdenum bar price fell by another 10 yuan/kg. On the bullish side, recent frequent high temperatures, heavy rainfall,…

Tungsten News
Rare Earth Market – June 26, 2025 39

Rare earth market update on June 26, 2025 The domestic rare earth market is experiencing overall weak conditions, marked by sluggish price increases, low enthusiasm among traders for market engagement, and reduced transaction volumes. Today, prices for praseodymium oxide, gadolinium oxide, and dysprosium-iron alloy are approximately 464,000 yuan/ton, 165,000 yuan/ton, and 1,580,000 yuan/ton, respectively. In the light rare earth market, a stalemate persists. Although downstream essential procurement remains challenging, the positive outlook for rare earth downstream industries, coupled with optimistic…

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