Tungsten News

Tungsten News
Molybdenum Market Update – March 14, 2025 91

Molybdenum market update on March 14, 2025 This week, the domestic molybdenum market has continued to exhibit a relentless downward trend, with the decline in prices of numerous molybdenum products slightly larger than last week. The price of molybdenum concentrate, for instance, has dropped from approximately 3,480 yuan/ton-degree to around 3,350 yuan/ton-degree. This is primarily attributed to strong downward pressure from steel companies on molybdenum iron prices, recent fluctuations and declines in international molybdenum prices, and a heightened willingness among…

Tungsten News
Rare Earth Market Update – March 14, 2025 90

Rare earth market update on March 14, 2025 This week, the domestic rare earth market has shown an overall slight upward trend, primarily due to the difficulty in increasing spot supply in the market and a heightened enthusiasm for inquiries and procurement from downstream users. According to China Tungsten Online, the price of praseodymium-neodymium oxide has risen by approximately 4,000 yuan/ton compared to last week, an increase of 0.90%; the price of praseodymium-neodymium metal has increased by about 5,000 yuan/ton,…

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Tungsten Market: Weak Trends Under Supply-Demand Pressure 106

Analysis of latest tungsten market from Chinatungsten Online This week, tungsten prices overall showed a weak consolidation, with the main negative factor stemming from market supply and demand pressure. Following the conclusion of an important domestic meeting, market confidence, previously supported by tight mining resources, has weakened. The international macroeconomic situation remains severe, with unclear signals of recovery in both demand and capital. The fundamental contradictions in the tungsten market continue to be prominent, and the recent market trend is…

Tungsten News
Tungsten Market Stagnant, Industry Sentiment Divided 88

Analysis of latest tungsten market from Chinatungsten Online The tungsten price remains locked in a sideways consolidation, with sentiment across the industry chain diverging sharply. The market transaction atmosphere is subdued, and the overall market is under pressure to stabilize. Tungsten Concentrate Segment In the tungsten concentrate segment, the supply side continues to experience tightness. On the consumer side, resistance to high prices has intensified, leading to a demand-driven procurement strategy. This has resulted in a standoff in market transactions.…

Tungsten News
Molybdenum Market Update – March 13, 2025 122

Molybdenum market update on March 13, 2025 The domestic molybdenum market continues to exhibit a pattern of persistent declines that are difficult to halt, with the magnitude of price drops for molybdenum products slightly increasing. Today, the price of molybdenum concentrate fell by approximately 50 yuan, molybdenum iron by about 1,000 yuan, ammonium tetramolybdate by around 3,000 yuan, molybdenum powder by about 5 yuan, and molybdenum oxide by approximately 30 yuan. Against this backdrop, many downstream users remain willing to…

Tungsten News
Rare Earth Market Update – March 13, 2025 97

Rare earth market update on March 13, 2025 The domestic rare earth market has generally maintained a sideways trend, with traders sticking to rigid transactions amid a relatively balanced supply-demand relationship and the complex and volatile global economic backdrop. This has made it difficult for product prices to rise or fall significantly, while transaction volumes remain limited. Today, the prices of praseodymium oxide, gadolinium oxide, and dysprosium oxide are consolidating around 464,000 yuan/ton, 167,000 yuan/ton, and 1,720,000 yuan/ton, respectively. From…

Tungsten News
Molybdenum Market Update – March 12, 2025 112

Molybdenum market update on March 12, 2025 The overall situation of the domestic molybdenum market remains weak, with a buyer’s market holding a significant advantage amid the interplay of bullish and bearish factors. This is primarily reflected in the continuous decline in prices of most products and a strong willingness among suppliers to sell at reduced prices. Today, the prices of molybdenum concentrate, molybdenum oxide, and molybdenum scrap have dropped to approximately 3,400 yuan/ton-degree, 3,500 yuan/ton-degree, and 383 yuan/kg, respectively.…

Tungsten News
Rare Earth Market Update – March 12, 2025 87

Rare earth market update on March 12, 2025 The overall situation of the domestic rare earth market remains relatively favorable, primarily reflected in the continued upward trend of prices for various rare earth raw materials, strong inquiry and procurement enthusiasm from downstream users, and a prevalent reluctance among suppliers to sell due to bullish expectations. Today, the prices of praseodymium-neodymium oxide, praseodymium-neodymium metal, and gadolinium oxide have increased by approximately 2,000 yuan/ton, 1,000 yuan/ton, and 1,000 yuan/ton, respectively. Notably, in…

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Tungsten and Cobalt Prices Diverge, Cemented Carbide Sector in Stalemate 185

Domestic Tungsten Market Trends and Fundamentals The trend of domestic tungsten prices is weakly stable, with market fundamentals remaining in a stalemate. Resources at the mining end are limited, and terminal demand is poor. Intermediate smelting manufacturers are facing significant pressure from inventory accumulation and price inversion. Macroeconomic Influences Recently, overall confidence in the macroeconomic environment has been weak. High international trade barriers, along with sanctions and counter-sanctions between major countries, are affecting export business. Additionally, the cooling of manufacturing…

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Cheap Tungsten, Costly Cobalt 106

Analysis of latest tungsten market from Chinatungsten Online Tungsten prices continued to weaken, with large tungsten enterprises again quoting low prices in long-term contracts, dampening market confidence. The current supply-demand mismatch in the tungsten market, coupled with widespread bearish sentiment among purchasers, has led to sluggish transaction performance and insufficient market vitality. Tungsten enterprises quoted long-term contract prices for raw materials at 138,000 yuan per ton for 55% wolframite concentrate, 137,000 yuan per ton for 55% scheelite concentrate, and ammonium…

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