Tungsten News

Tungsten News
Molybdenum Market – May 27, 2025 84

Molybdenum market update on May 27, 2025 The domestic molybdenum market has shown a generally positive trend, characterized by continued price increases for many products, steady downstream demand, and a strong sentiment among raw material suppliers to hold back sales in anticipation of further price rises. Driven by the recent continuous rise in molybdenum concentrate prices, ferromolybdenum and ammonium heptamolybdate prices have broken through the 240,000 yuan/ton and 230,000 yuan/ton thresholds, respectively. According to CTIA GROUP LTD, factors such as…

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Rare Earth Prices – May 27, 2025 206

Rare earth market update on May 27, 2025 The domestic rare earth prices are generally fluctuating within a reasonable range, with neodymium oxide prices increasing by approximately 3,000 yuan/ton, terbium oxide prices rising by about 20 yuan/kg, and holmium oxide prices going up by around 2,000 yuan/ton. On the positive side, two factors are supporting this trend: first, the continued tight supply of rare earths overseas and their relatively high prices have led to a strong sentiment among domestic suppliers…

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Tungsten Market Remains Stable at High Level – May 27, 2025 102

Analysis of Latest Tungsten Market from Chinatungsten Online The tungsten market currently exhibits a high-level consolidation trend, with prices remaining stable but market sentiment showing clear divergence. On one hand, the slow pace of industrial economic recovery and insufficient terminal demand, coupled with the market’s tendency to cash in at high prices, have led to a decline in traders’ confidence. On the other hand, the persistent tightness in mining resources, strong cost support, and the growing strategic importance of tungsten…

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January-April 2025: Baotou Rare Earth Industry Added Value Increased by 12% 93

According to the Baotou Statistical Bulletin, from January to April 2025, the added value of industrial enterprises above the designated size in Baotou City increased by 13.1% year-on-year, surpassing the national (6.4%) and regional (6.1%) averages by 6.7 and 7 percentage points, respectively, marking 56 consecutive months of double-digit growth. Industry Performance (January-April 2025): Mining sector added value increased by 26.5% year-on-year. Manufacturing sector grew by 10.8%. Electricity, heat, gas, and water production and supply sectors rose by 11%. Among…

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April 2025 Jiangxi Tungsten Concentrate Price Increased 130

Recently, according to the Jiangxi Development and Reform Commission website, among the 65 essential consumer goods monitored in Jiangxi, the average prices showed 28 increases, 27 decreases, and 10 unchanged month-on-month, while year-on-year, there were 23 increases, 39 decreases, and 3 unchanged. For industrial production data, steel prices slightly decreased, tungsten concentrate prices slightly increased, rare earth prices generally saw a slight increase, cement prices slightly decreased, and sand and gravel prices overall slightly decreased. Jiangxi Tungsten Concentrate Price: In…

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April 2025 Baotou Rare Earth Prices Mostly Decreased Month-on-Month 134

Recently, according to the Baotou Industry and Information Technology Bureau, in April 2025, among the 36 industrial products closely monitored in Baotou, month-on-month, the prices of 23 products, including rare earth carbonate, pig iron, A00 aluminum, and PVC, decreased, the price of monocrystalline silicon remained unchanged, and the prices of 12 products, including high wire, hydrogen fluoride, and cerium metal, increased. Year-on-year, the prices of 26 products, including hot-rolled coil, A00 aluminum, and lanthanum metal, decreased, while the prices of…

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Molybdenum Price – May 26, 2025 114

Molybdenum market update on May 26, 2025 At the beginning of the week, the domestic molybdenum price focus continued to shift upward, with molybdenum concentrate, ferromolybdenum, and ammonium heptamolybdate prices increasing by approximately 30 yuan/ton-degree, 4,000 yuan/ton, and 1,000 yuan/ton, respectively. This is primarily attributed to high enthusiasm from steel companies bidding for ferromolybdenum, acceptable steel tender prices, limited spot supply of molybdenum raw materials, and rising international molybdenum market trends. Recently, steel companies participating in ferromolybdenum tenders include Shanxi…

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Rare Earth Market – May 26, 2025 101

Rare earth market update on May 26, 2025 At the beginning of the week, the domestic rare earth market maintained a sideways trend, with downstream users primarily engaging in essential procurement and suppliers showing low willingness to offer discounts. This resulted in a subdued trading atmosphere, with no significant changes in product prices. Today, May 26, 2025, the prices of praseodymium oxide, gadolinium oxide, and dysprosium oxide are approximately 448,000 yuan/ton, 166,000 yuan/ton, and 1,640,000 yuan/ton, respectively. It is reported…

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Tungsten Concentrate and APT Latest Prices – May. 26 2025 155

Analysis of Latest Tungsten Market from Chinatungsten Online On Monday, tungsten prices continued to stalemate and stabilize the market. Raw material holders offered strong quotations. Most downstream companies were not very active in stocking up. The market was still circulating according to rigid demand. There was no new market-driven guidance. Participants maintained a cautious wait-and-see attitude, and speculative transactions on the market decreased. The price of 65% black tungsten concentrate was RMB 165,000/ton. Holders maintained the view that the goods…

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Tungsten Market Cools Off This Week – May 23, 2025 198

Analysis of Latest Tungsten Market from Chinatungsten Online This week, tungsten prices have shown a slow decline from high levels, with complex market sentiment and obvious entanglement among participants. On the one hand, the tight supply of tungsten mines, coupled with the continued speculation on the concept of strategic resources, maintains the market’s long-term optimistic expectations for tungsten prices. But on the other hand, insufficient follow-up on the consumer side demand, and the gradual increase in profit-taking by holders, have…

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