Recently, according to information from the official website of the Hubei Provincial Department of Natural Resources, in January 2025, the average price of 65% white tungsten concentrate in Hubei was 143,279 yuan/ton, reflecting a month-on-month increase of approximately 1.16% and a year-on-year increase of about 17.47%. The average price of 60% white tungsten concentrate was 142,279 yuan/ton, up approximately 1.17% month-on-month and 17.62% year-on-year. The average price of APT (ammonium paratungstate) was 211,912 yuan/ton, showing a month-on-month increase of about 0.86% and a year-on-year rise of approximately 17.00%. The average price of tungsten carbide powder was 311,235 yuan/ton, with a month-on-month increase of about 0.46% and a year-on-year rise of approximately 16.53%.
According to China Tungsten Online, the Chinese tungsten market maintained a stable trend in January 2025. The average price of 65% white tungsten concentrate was 143,900 yuan/ton, up 1.34% month-on-month and 18.83% year-on-year, with end-of-month quotes rising 2.11% compared to the beginning of the month. The average price of 65% black tungsten concentrate was 144,900 yuan/ton, with a month-on-month average increase of 1.33% and a year-on-year average increase of 17.80%, and end-of-month quotes up 2.10% from the start of the month. The average price of ammonium paratungstate was 212,800 yuan/ton, up 0.95% month-on-month and 16.86% year-on-year, with end-of-month quotes increasing 1.42% from the beginning of the month. The average price of tungsten powder was 318.28 yuan/kg, up 0.61% month-on-month and 16.53% year-on-year, with end-of-month quotes rising 1.27% compared to the start of the month.
In January 2025, the average price of 40%-42% molybdenum concentrate in Hubei was 3,559 yuan/ton-degree, down approximately 0.34% month-on-month but up about 9.61% year-on-year. The average price of 45%-47% molybdenum concentrate was 3,589 yuan/ton-degree, down approximately 0.33% month-on-month but up about 9.86% year-on-year.
According to China Tungsten Online, the price trend of molybdenum products in China in February 2025 remained relatively stable, with the price of molybdenum concentrate dropping by approximately 20 yuan/ton-degree, a decline of 0.56%. In terms of average prices in February, the average price of molybdenum concentrate in China was 3,566 yuan/ton-degree, down 0.89% month-on-month but up 6.99% year-on-year; the average price of molybdenum iron was 230,111 yuan/ton, down 1.19% month-on-month but up 4.27% year-on-year; and the average price of molybdenum oxide was 3,666 yuan/ton-degree, down 0.87% month-on-month but up 6.57% year-on-year.
In January 2025, the average price of 30% copper concentrate in Hubei was 19,578 yuan/ton, the average price of 65% lead concentrate was 8,649 yuan/ton, the average price of 55% zinc concentrate was 10,114 yuan/ton, the price of Au99.95 was 634.66 yuan/gram, and the average price of silver concentrate (≥1000 g/t) was 6,082 yuan/kg.
