Tungsten News

Tungsten News
Molybdenum Market Update – April 28, 2025 60

Molybdenum market update on April 28, 2025 The domestic molybdenum market in China remains stable, but as positive factors weaken, negotiations between buyers and sellers are gradually heating up, leading to reduced market enthusiasm and slower order growth. On the positive side: first, some downstream users, such as Baotou High-Tech, Xinxing Ductile Iron Pipes, Guangdong Shaogang, Zhongnan Steel, and Baosteel Zhanjiang, continue to maintain rigid demand procurement, supporting suppliers’ confidence in holding prices; second, with molybdenum prices at a relatively…

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Rare Earth market Update – April 28, 2025 64

Rare earth market update on April 28, 2025 The domestic rare earth market in China continues to operate in a sideways trend, with a cautious atmosphere prevailing due to the conflicting dynamics of suppliers’ reduced willingness to lower prices and persistently weak downstream demand, resulting in slow order growth. Today, prices for praseodymium-neodymium oxide, terbium oxide, and dysprosium oxide are approximately 408,000 yuan/ton, 6,750 yuan/kg, and 1,600,000 yuan/ton, respectively. From the supply side, despite limited imports of overseas rare earth…

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Molybdenum Market Update – April 27, 2025 98

Molybdenum market update on April 27, 2025 The domestic molybdenum market has maintained a stable and relatively strong operating trend. With downstream demand still low in the desire of raw material manufacturers to lower prices and ship shipments, the prices of most products continue to rise slightly, among which the prices of molybdenum concentrate and ferromolybdenum rise by about 30 yuan and 3,000 yuan respectively. In the molybdenum concentrate market, the market performance is stable, and the product price is…

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Rare Earth market Update – April 27, 2025 78

Rare earth market update on April 27, 2025 The overall performance of the domestic rare earth market is poor. Under the interweaving of long and short factors, the price trends of mainstream light and heavy rare earth products have slightly differentiated: the center of gravity of praseodymium and neodymium continues to decline, while the price of dysprosium terbium is relatively stable. Today, the prices of neodymium praseodymium oxide and neodymium praseodymium metal have decreased by approximately 3,000 yuan per ton…

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Latest Prices of Tungsten Concentrate and Tungsten Carbide Powder 119

Analysis of Latest Tungsten Market from Chinatungsten Online Tungsten prices have temporarily entered a sideways consolidation phase, and the tight support on the supply side of the market is still strong. The industry is watching the implementation of consumer demand, and the atmosphere of caution is strong. As the short holiday approaches, the willingness to purchase and stock up in the market is affected by the fear of heights, and the trading activity has further slowed down. The psychological price…

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Molybdenum Market Update – April 25, 2025 154

Molybdenum market update on April 25, 2025 This week, the domestic molybdenum market in China maintained an overall upward trend. In addition to price increases for many molybdenum products, both trader participation and actual transaction volumes improved. Positive factors include: first, significant price declines in the previous one to two weeks heightened suppliers’ profit awareness; second, with stable steel prices this week, relatively low ferromolybdenum prices, and the approaching May Day holiday, steel companies were more active in tendering for…

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Rare Earth market Update – April 25, 2025 145

Rare earth market update on April 25, 2025 This week, the overall trend in domestic rare earth prices in China showed a widespread decline, primarily due to weak downstream demand, relatively abundant spot market supply, and heightened panic among suppliers. However, supported by strong production cost support and positive development in downstream rare earth industries, suppliers’ willingness to offer discounts decreased toward the weekend. According to CTIA GROUP LTD, this week’s price changes include: praseodymium-neodymium oxide prices dropped by approximately…

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Tungsten: The “Invisible Cultivator” of the Smart Agriculture Era 79

In a smart farm in China, unmanned rice transplanters shuttle through the fields with centimeter-level precision, drones equipped with high-precision navigation systems perform plant protection operations, and intelligent seedling nurseries achieve precise seedling cultivation through environmental control systems. In this agricultural revolution driven by technology, a metal element called tungsten is playing multiple roles, from wear-resistant components in agricultural machinery to additives in smart agricultural films, from sensor materials to AI hardware support. Tungsten is becoming an indispensable “invisible cultivator”…

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China’s Molybdenum Products Exports in the First Quarter of 2025 79

According to data compiled by CTIA GROUP LTD from the General Administration of Customs, China’s molybdenum products exports for the first quarter of 2025 are as follows: In Q1 2025, China exported a total of 9,535.28 tons of molybdenum products, down 19.67% quarter-on-quarter but up 0.94% year-on-year. The total export value was 2,049.81 million yuan, down 23.02% quarter-on-quarter and 5.09% year-on-year. Roasted molybdenum ores and concentrates: 3,572.78 tons, down 9.02% quarter-on-quarter but up 25.56% year-on-year; export value of 693.01 million…

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China’s Molybdenum Products Imports in the First Quarter of 2025 65

According to data compiled by CTIA GROUP LTD from the General Administration of Customs, China’s molybdenum products imports for the first quarter of 2025 are as follows: In Q1 2025, China imported a total of 21,329.20 tons of molybdenum products, down 12.97% quarter-on-quarter but up 33.20% year-on-year. The total import value was 3,079.80 million yuan, down 13.53% quarter-on-quarter but up 39.06% year-on-year. Roasted molybdenum ores and concentrates: 2,181.38 tons, up 79.83% quarter-on-quarter and 33.58% year-on-year; import value of 436.88 million…

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