Tungsten News

Tungsten News
Rare Earth Market – June 3, 2025 365

Rare earth market update on June 3, 2025 The domestic rare earth prices are showing a tentative upward trend, with neodymium oxide, praseodymium-neodymium metal, and terbium oxide prices rising by approximately 6,000 yuan/ton, 4,000 yuan/ton, and 30 yuan/kg, respectively. Driven by the increase in praseodymium-neodymium raw material prices, the price of neodymium-iron-boron (NdFeB) blanks has also risen, with the price of 55N NdFeB blank blocks increasing by about 2 yuan/kg. This price increase is mainly attributed to active downstream inquiries,…

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Tungsten Prices Keep Hitting New Highs: Exercise Caution 217

In May 2025, the Chinese tungsten market experienced an overall upward trend, with tungsten concentrate and ammonium paratungstate (APT) prices repeatedly reaching new historical highs. According to a survey by Chinatungsten Online, as of May 30, the market price for 65% black tungsten concentrate was 172,000 RMB per standard ton, up 20.3% from the beginning of the year. The average price for May was 162,600 RMB per standard ton, reflecting an 11.68% increase month-on-month and a 6.34% increase year-on-year. APT…

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Price Trend of China’s Rare Earth Products in May 2025 611

I. Analysis of China’s Rare Earth Price Trends in May 2025 According to CTIA GROUP LTD, the overall price trend of rare earth products in China during May 2025 showed an initial increase followed by a slight decline, with the end-of-month prices for most products higher than at the beginning of the month. For instance, praseodymium-neodymium metal price increased by approximately 30,000 yuan/ton, praseodymium-neodymium oxide price by about 23,000 yuan/ton, and terbium oxide price by around 400 yuan/kg this month.…

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Price Trend of China’s Molybdenum Products in May 2025 138

I. Analysis of China’s Molybdenum Price Trends in May 2025 According to CTIA GROUP LTD, the price trend of molybdenum products in China during May 2025 was initially stable before experiencing a significant surge, with the total ferromolybdenum tendered by steel companies exceeding 12,000 tons. In late May, driven by tight molybdenum concentrate supply and rising tender volumes and prices, molybdenum mining companies noticeably raised their quotes, subsequently pushing up the prices of other molybdenum products. According to CTIA GROUP…

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Tungsten Ore Price Breaks Through 170,000 Mark 210

Analysis of Latest Tungsten Market from Chinatungsten Online Milestone moment! Tungsten ore price breaks through RMB 170,000/ton mark, APT price stands at RMB 250,000/ton mark, breaking the historical record! As of press time, The price of 65% wolframite concentrate is RMB 171,000/ton, up 19.6% from the beginning of the year, up 22.1% from the lowest price of the year, and up 24.8% from the average price in 2024. The price of 65% scheelite concentrate is RMB 170,000/ton, up 19.7% from…

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Molybdenum Market – May 29, 2025 132

Molybdenum market update on May 29, 2025 The domestic molybdenum market in China is experiencing a strong upward trend, primarily driven by a tight supply of molybdenum concentrate, high downstream buying interest, and strong speculative sentiment among traders. Today, May 29, 2025, the prices of molybdenum concentrate, ferromolybdenum, and molybdenum powder surged to approximately 3,800 yuan/ton-degree, 248,000 yuan/ton, and 440 yuan/kg, respectively. According to CTIA GROUP LTD, a recent transaction in Henan involved 100 tons of molybdenum concentrate at 3,795…

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Rare Earth Market – May 29, 2025 52

Rare earth market update on May 29, 2025 The domestic rare earth market is maintaining a generally weak performance, with a mix of bullish and bearish factors creating a somewhat stalemated negotiation atmosphere between buyers and sellers. This has resulted in low market enthusiasm, product prices fluctuating within a narrow range, and limited actual transaction volumes. On the positive side, two factors stand out: first, strong production cost support and robust development in downstream rare earth industries have reduced suppliers’…

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Molybdenum Market – May 28, 2025 122

Molybdenum market update on May 28, 2025 The overall domestic molybdenum market remains optimistic. Amid the contradiction between strong downstream inquiry and procurement enthusiasm and the limited growth in raw material spot supply, molybdenum mining enterprises have significantly increased their quotations, driving up price expectations across the entire supply chain. Today, the prices of molybdenum concentrate, ferromolybdenum, and ammonium heptamolybdate have risen to approximately RMB 3,730/ton unit, RMB 243,000/ton, and RMB 235,000/ton, respectively. On the positive side, several factors are…

Tungsten News
Rare Earth Market – May 28, 2025 103

Rare earth market update on May 28, 2025 The domestic rare earth market remains generally stable. With most traders focusing on rigid transactions, overall market activity is relatively subdued, and the prices of mainstream light and heavy rare earth products have shown no significant fluctuations. Currently, market participants are mainly paying attention to China’s rare earth export trends, overseas supply conditions, and inquiry trends from downstream customers. Today, the prices of praseodymium oxide, gadolinium oxide, and dysprosium-iron alloy are steady…

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Tungsten Prices Rises Again – May 28, 2025 294

Analysis of Latest Tungsten Market from Chinatungsten Online After a week of correction, tungsten prices have risen again. The positive factors mainly come from: (1) Tight supply of tungsten ore resources provides a strong bottom line for the market; (2) The rigid demand for tungsten in high value-added fields such as aerospace, electronics, and precision manufacturing is maintained, and these fields have a strong ability to bear the cost of raw materials; (3) The current geopolitical complexity stimulates the increase…

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