Tungsten News

Tungsten News
Tungsten Price Rise with Fluctuations in the First Half of 2025 8

In the first half of 2025, China’s tungsten price overall exhibited a composite trend of “fluctuating upward – hitting new highs – stage-wise corrections – high-level consolidation.” As for average prices, 65% black tungsten concentrate averaged 151,800 yuan/ton, increased by 12.78% year-on-year; ammonium paratungstate averaged 223,200 yuan/ton, increased by 12.16% year-on-year; tungsten powder averaged 332.99 yuan/kg, increased by 11.72% year-on-year; 70 ferrotungsten averaged 228,600 yuan/ton, increased by 16.45% year-on-year.

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Light Rare Earth Prices Rise with Oscillations in June 6

In June 2025, China’s light rare earth prices exhibited an oscillatory upward trend, while mid-to-heavy rare earth prices declined. As for average prices, praseodymium oxide averaged 460,250 yuan/ton, increased by 3.43% month-on-month; praseodymium-neodymium metal averaged 545,100 yuan/ton, increased by 3.42% month-on-month; terbium oxide averaged 7,181 yuan/kg, increased by 1.21% month-on-month; dysprosium oxide averaged 1,636,750 yuan/ton, decreased by 0.17% month-on-month.

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Most Molybdenum Product Prices Hit Yearly Highs in June 4

In June 2025, most molybdenum product prices reached yearly highs. As for average prices, molybdenum concentrate averaged 3,838 yuan/ton-degree, increased by 7.12% month-on-month; ferromolybdenum averaged 247,050 yuan/ton, increased by 5.70% month-on-month; ammonium heptamolybdate averaged 238,750 yuan/ton, increased by 5.20% month-on-month; molybdenum powder averaged 440 yuan/kg, increased by 3.53% month-on-month.

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Tungsten Market Starts the Second Half of 2025 Strongly 6

Analysis of Latest Tungsten Market from Chinatungsten Online In the first half of 2025, the price of tungsten ended with an increase of about 20% (end of June/early the year). At the beginning of the second half of the year, the tungsten market sentiment rose again. In addition to the traditional supply and demand relationship, the main supporting factors for recent market sentiment are four: (1) The tungsten ore side is reluctant to sell and support the market, and the…

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Price Trends of China’s Rare Earth Products in June 2025 3

I. Analysis of China’s Rare Earth Price Trends in June 2025 According to CTIA GROUP LTD, in June 2025, the price trends of China’s light and heavy rare earth products diverged: light rare earth prices showed an oscillatory upward trend, while heavy rare earth prices oscillated downward. In June, praseodymium oxide prices increased by approximately 2.65%, praseodymium-neodymium metal prices rose by about 1.30%, terbium oxide prices decreased by approximately 1.39%, and dysprosium oxide prices dropped by about 2.41%. In the…

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Price Trends of China’s Molybdenum Products in June 2025 3

I. Analysis of China’s Molybdenum Price Trends in June 2025 According to CTIA GROUP LTD, in June 2025, the price trends of China’s molybdenum raw materials and molybdenum chemical products diverged slightly: molybdenum raw material prices followed a pattern of initial increase, stabilization, then decline, while molybdenum chemical product prices remained stable before declining. Notably, most product prices in June reached new highs for the year, with molybdenum concentrate and ferromolybdenum peaking at approximately 3,870 yuan/ton-degree and 250,000 yuan/ton, respectively,…

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Average Price of Tungsten Products in the First Half of 2025 33

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%…

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China’s Tungsten Market in the First Half of 2025 23

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…

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Molybdenum Market – June 30, 2025 10

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…

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Rare Earth Market – June 30, 2025 29

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…

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