Tungsten News

Tungsten News
Rare Earth Market – June 9, 2025 175

Rare earth market update on June 9, 2025 At the beginning of the week, the domestic rare earth market maintained a generally strong performance, primarily reflected in the continued rise of product prices and an increase in new orders. Today, terbium oxide prices increased by approximately 30 yuan/kg, praseodymium-neodymium metal by 8,000 yuan/ton, and praseodymium-neodymium oxide by 7,000 yuan/ton. According to CTIA GROUP LTD, the key drivers behind the recent raw material price hikes include reduced output from some rare…

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Tungsten Prices Hit New Highs – June 6, 2025 565

Analysis of Latest Tungsten Market from Chinatungsten Online Yesterday, the highly-watched Jiangxi industry organization and two representative tungsten enterprises updated their quotations. The significantly increased prices have injected a shot in the arm to the current hesitant market, and the tungsten price has once again hit a record high. According to Chinatungsten Online, the Jiangxi industry organization predicted prices: 55% wolframite concentrate RMB 171,000/ton, up 13.25% month-on-month; ammonium paratungstate RMB 251,000/ton, up 12.30% month-on-month; medium-grained tungsten powder RMB 385/kg, up…

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Molybdenum Wire Exports Increased by 35% in April 2025 94

In April 2025, China’s molybdenum product exports totaled 3,975.61 tons, increased by 31.48% month-on-month and increased by 0.81% year-on-year. Among these, exports of ferromolybdenum were 853.40 tons, decreased by 10.63% year-on-year; exports of molybdenum wire were 30.90 tons, increased by 34.64% year-on-year; exports of ammonium molybdate were 36.61 tons, decreased by 26.55% year-on-year; exports of molybdenum waste and scrap were 187.96 tons, decreased by 19.65% year-on-year; and exports of other molybdenum products were 18.26 tons, decreased by 5.09% year-on-year.

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Molybdenum Powder Imports Decreased by 85% in April 2025 73

In April 2025, China’s molybdenum product imports totaled 8,345.85 tons, increased by 10.49% month-on-month and increased by 37.87% year-on-year. Among these, imports of molybdenum powder were 30.00 kg, decreased by 86.36% year-on-year; imports of molybdenum wire were 4.07 tons, increased by 110.43% year-on-year; imports of ferromolybdenum were 705.20 tons, increased by 2.85% year-on-year; imports of ammonium molybdate were 166.00 tons, increased by 60.53% year-on-year; and imports of other molybdenum products were 3.80 tons, increased by 95.07% year-on-year.

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Tungsten Carbide Exports Decreased by 98% in April 2025 87

In April 2025, China’s tungsten product exports totaled 1,383.17 tons, decreased by 25.81% year-on-year but increased by 68.33% month-on-month. Among these, exports of tungsten powder were 52.90 tons, decreased by 61.35% year-on-year; exports of ferrotungsten were 360.30 tons, increased by 69.67% year-on-year; exports of tungsten wire were 39.87 tons, increased by 39.87% year-on-year; exports of tungsten carbide were 8 tons, decreased by 97.78% year-on-year; and exports of ammonium metatungstate were 390.82 tons, increased by 165.49% year-on-year.

Tungsten News
Tungsten Powder Imports Decreased by 50% in April 2025 66

In April 2025, China’s tungsten product imports totaled 1,101.72 tons, decreased by 0.43% year-on-year and decreased by 0.68% month-on-month. Among these, imports of tungsten powder were 1,391 kg, decreased by 50.97% year-on-year; imports of tungsten wire were 477 kg, increased by 31.77% year-on-year; imports of tungsten carbide were 14.57 tons, increased by 33.48% year-on-year; imports of sodium tungstate were 144.32 tons, decreased by 37.96% year-on-year; and imports of tungsten trioxide were 20 kg, decreased by 44.44% year-on-year.

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Molybdenum Market – June 6, 2025 100

Molybdenum market update on June 6, 2025 This week, the domestic molybdenum market displayed a positive and upward trend, primarily reflected in the strong reluctance of raw material suppliers to sell amid bullish sentiment, favorable steel tender prices, and stable downstream demand. Molybdenum concentrate price increased by approximately 60 yuan/ton-unit, a rise of 1.58%; ferromolybdenum price increased by approximately 2,000 yuan/ton, a rise of 0.81%; and molybdenum oxide price increased by approximately 60 yuan/ton-unit, a rise of 1.54%. Prices for…

Tungsten News
Rare Earth Market – June 6, 2025 70

Rare earth market update on June 6, 2025 This week, the domestic rare earth market exhibited a pattern of high prices with low trading volume. Factors such as strong production cost support, continued tight overseas rare earth supply, limited imports of rare earth products in China, and reduced output in some regions have led suppliers to slightly raise their quotes. However, due to low inquiry and purchasing enthusiasm from downstream users, market transaction volumes remain limited. According to CTIA GROUP…

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Tungsten Powder Price Rise by 18% This Year 144

Analysis of Latest Tungsten Market from Chinatungsten Online Tungsten prices are trading sideways at a high level. The main contradiction in the market lies in the continuous game between the reluctance to sell and the cautious downturn on the consumer side. The overall strong market lacks the verification of real demand. At present, the industry is in a highly sensitive cycle. The poor circulation of resources has led to an increase in the cost of capital occupation in various links.…

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Molybdenum Market – June 5, 2025 136

Molybdenum market update on June 5, 2025 The domestic molybdenum market continues to exhibit a strong upward trend, fueled by the combined effects of supply and demand, fostering a bullish market sentiment. On the supply side, signs of tightening molybdenum concentrate availability are becoming evident, injecting significant upward price momentum. On the demand side, downstream industries maintain a steady performance, with consistent rigid demand for molybdenum products. Against this backdrop, molybdenum mining companies have taken the lead in raising their…

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