Tungsten News

Tungsten News
Molybdenum Market – September 28, 2025 133

Molybdenum market update on September 28, 2025 The domestic molybdenum market overall maintains a weak performance, with interwoven bullish and bearish factors leading to a somewhat stagnant negotiation atmosphere between buyers and sellers, resulting in a lack of upward momentum in product prices and low transaction volumes. From the demand side, firstly, tight liquidity among downstream enterprises has weakened their procurement enthusiasm; secondly, many downstream users have built a certain scale of raw material inventory in advance, thus lacking an…

Tungsten News
Rare Earth Market – September 28, 2025 101

Rare earth market update on September 28, 2025 The domestic rare earth market overall maintains a stalemate, with a relatively balanced supply-demand relationship leading to a subdued trading atmosphere and no significant changes in product prices. Today, the prices of praseodymium oxide, gadolinium oxide, and holmium oxide are stabilizing around 630,000 yuan per ton, 168,000 yuan per ton, and 550,000 yuan per ton, respectively. From the supply side, influenced by factors such as intensified environmental enforcement, high energy prices, weak…

Tungsten News
Tungsten Market Temporarily Stable – September 28, 2025 332

Analysis of Latest Tungsten Market from Chinatungsten Online Tungsten prices are temporarily stable, with suppliers showing limited willingness to sell at lower prices and buyers reluctant to accept high-priced goods. New orders are relatively low. While there is some demand for stocking up before the National Day holiday, cautious bargaining prevails. The tungsten market remains in a period of stalemate and weak stability. The price of 65% wolframite concentrate is quoted at RMB 272,000/ton. Profit-taking is weighing on market trends,…

Tungsten News
Tungsten and Cobalt Prices Rise in Turn, Cemented Carbide Firms Struggle 228

Analysis of Latest Tungsten Market from Chinatungsten Online Tungsten prices were under downward pressure this week due to increased profit-taking by holders and slow restocking by buyers, widening the market’s negotiable space. Furthermore, price reductions announced by major tungsten companies during the week further impacted market sentiment. However, compared to the previous surge, this correction was relatively moderate. With the Mid-Autumn Festival and National Day holidays approaching, industry insiders generally expect the market to remain cautious and under pressure before…

Tungsten News
Molybdenum Market – September 26, 2025 175

Molybdenum market update on September 26, 2025 This week, the domestic molybdenum market overall exhibited a steady but slightly weak pattern, with most suppliers adjusting their quotes downward amid continuously declining steel bidding prices, oscillatory drops in international molybdenum prices, and insufficient price support from the raw material side for downstream products. However, due to acceptable downstream inquiry enthusiasm and limited increases in raw material spot supply, molybdenum mining enterprises generally maintained strong price firmness. According to CTIA GROUP LTD…

Tungsten News
Rare Earth Market – September 26, 2025 124

Rare earth market update on September 26, 2025 This week, the domestic rare earth market overall exhibited a weak performance trend, with mainstream light and heavy rare earth product prices declining to varying degrees amid low enthusiasm for inquiries and purchases from downstream users and slightly insufficient confidence in price stability among suppliers. It is understood that tight liquidity among downstream production enterprises and high raw material inventories are the main reasons for the difficulty in releasing recent market demand.…

Tungsten News
Molybdenum Market – September 25, 2025 247

Molybdenum market update on September 25, 2025 The overall focus of domestic molybdenum prices continues to shift slightly downward, with the prices of molybdenum concentrate, ferromolybdenum, and molybdenum scrap decreasing by approximately 10 yuan per ton-unit, 1,000 yuan per ton, and 5 yuan per kilogram, respectively. Under these conditions, downstream user demand has not significantly increased, resulting in a slow pace of market order growth. In the molybdenum concentrate market, influenced by high production costs and limited increases in spot…

Tungsten News
Rare Earth Market – September 25, 2025 134

Rare earth market update on September 25, 2025 The domestic rare earth market overall continues to operate in a weak state, primarily characterized by differentiated price declines across numerous products, low enthusiasm among traders for market engagement, and limited actual transaction volumes. Today, the prices of praseodymium-neodymium oxide, terbium oxide, and dysprosium oxide have decreased by approximately 8,000 yuan per ton, 70,000 yuan per ton, and 10,000 yuan per ton, respectively. Notably, amid the recent oscillatory decline in raw material…

Tungsten News
Tungsten Powder Stable, Cobalt Powder Soars – September 25, 2025 223

Analysis of Latest Tungsten Market from Chinatungsten Online Tungsten prices have remained stagnant, with trading activity quiet. Suppliers are unwilling to trade price for volume and resist a significant price reduction, offering only modest discounts to maintain liquidity. Buyers are reluctant to purchase at high prices, and restocking is rare outside of essential needs. Overall, driven by multiple factors such as profit-taking, cost easing, weak demand, and peer competition, the tungsten market has recently been dominated by a bearish sentiment,…

Tungsten News
Shaanxi Province Adds 91,100 Tons of Tungsten During the “14th Five-Year Plan” Period 62

Recently, the official website of the Shaanxi Provincial Department of Natural Resources reported that during the “14th Five-Year Plan” period, the state assigned Shaanxi 11 mineral exploration targets, adding a total of 91,100 tons of tungsten, 422,700 tons of molybdenum, 133.12 tons of gold, 50,700 tons of copper, 24,000 tons of antimony, 30,800 tons of lithium, 7.782 million tons of graphite, 4.1089 million tons of manganese, 207,900 tons of vanadium, 1.314 million tons of fluorite, and 2,289 tons of cobalt.…

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