Tungsten News

Tungsten News
Molybdenum Price Trend Initially Stable Then Surges in May 2025 119

In May 2025, China’s molybdenum price trend was initially stable before experiencing a significant surge. In terms of average prices, molybdenum concentrate averaged 3,583 yuan/ton-degree, increased by 6.83% month-on-month; ferromolybdenum averaged 233,737 yuan/ton, increased by 7.38% month-on-month; molybdenum oxide averaged 3,667 yuan/ton-degree, increased by 5.83% month-on-month; ammonium heptamolybdate averaged 226,947 yuan/ton, increased by 4.15% month-on-month; and molybdenum powder averaged 425 yuan/kg, increased by 5.20% month-on-month.

Tungsten News
Rare Earth Prices Initially Rise Then Slightly Fall in May 2025 116

In May 2025, China’s rare earth prices showed an initial increase followed by a slight decline. The average price of praseodymium oxide was 445,000 yuan/ton, decreased by 1.18% month-on-month; praseodymium-neodymium oxide averaged 428,684 yuan/ton, increased by 0.65% month-on-month; praseodymium-neodymium metal averaged 527,053 yuan/ton, increased by 0.52% month-on-month; terbium oxide averaged 7,095 yuan/kg, increased by 2.90% month-on-month; and dysprosium-iron alloy averaged 1,598,947 yuan/ton, decreased by 1.55% month-on-month.

Tungsten News
Tungsten Powder Price Reaches RMB 370/kg 126

Analysis of Latest Tungsten Market from Chinatungsten Online At the beginning of June, after the Dragon Boat Festival holiday, the tungsten market continued to maintain a high and stable market. The industry waited and watched the new round of quotations from the main producing institutions and several representative tungsten enterprises. The price of 65% black tungsten concentrate was RMB 172,000/standard ton. The supply and sentiment support still dominated, and the market was in a strong atmosphere of supporting the market,…

Tungsten News
Molybdenum Market – June 3, 2025 159

Molybdenum market update on June 3, 2025 At the start of the week, the domestic molybdenum market maintained a high-level volatile trend. Against the backdrop of limited spot supply and relatively high current molybdenum product prices, negotiations between supply and demand sides appeared somewhat deadlocked, leading to a slowdown in price increases. Currently, industry players are closely monitoring the bidding volume and price trends of steel enterprises. Recently, steel companies such as Xinyu Iron and Steel, Deyang Erzhong, Xichang Steel…

Tungsten News
Rare Earth Market – June 3, 2025 460

Rare earth market update on June 3, 2025 The domestic rare earth prices are showing a tentative upward trend, with neodymium oxide, praseodymium-neodymium metal, and terbium oxide prices rising by approximately 6,000 yuan/ton, 4,000 yuan/ton, and 30 yuan/kg, respectively. Driven by the increase in praseodymium-neodymium raw material prices, the price of neodymium-iron-boron (NdFeB) blanks has also risen, with the price of 55N NdFeB blank blocks increasing by about 2 yuan/kg. This price increase is mainly attributed to active downstream inquiries,…

Tungsten News
Tungsten Prices Keep Hitting New Highs: Exercise Caution 237

In May 2025, the Chinese tungsten market experienced an overall upward trend, with tungsten concentrate and ammonium paratungstate (APT) prices repeatedly reaching new historical highs. According to a survey by Chinatungsten Online, as of May 30, the market price for 65% black tungsten concentrate was 172,000 RMB per standard ton, up 20.3% from the beginning of the year. The average price for May was 162,600 RMB per standard ton, reflecting an 11.68% increase month-on-month and a 6.34% increase year-on-year. APT…

Tungsten News
Price Trend of China’s Rare Earth Products in May 2025 716

I. Analysis of China’s Rare Earth Price Trends in May 2025 According to CTIA GROUP LTD, the overall price trend of rare earth products in China during May 2025 showed an initial increase followed by a slight decline, with the end-of-month prices for most products higher than at the beginning of the month. For instance, praseodymium-neodymium metal price increased by approximately 30,000 yuan/ton, praseodymium-neodymium oxide price by about 23,000 yuan/ton, and terbium oxide price by around 400 yuan/kg this month.…

Tungsten News
Price Trend of China’s Molybdenum Products in May 2025 149

I. Analysis of China’s Molybdenum Price Trends in May 2025 According to CTIA GROUP LTD, the price trend of molybdenum products in China during May 2025 was initially stable before experiencing a significant surge, with the total ferromolybdenum tendered by steel companies exceeding 12,000 tons. In late May, driven by tight molybdenum concentrate supply and rising tender volumes and prices, molybdenum mining companies noticeably raised their quotes, subsequently pushing up the prices of other molybdenum products. According to CTIA GROUP…

Tungsten News
Tungsten Ore Price Breaks Through 170,000 Mark 230

Analysis of Latest Tungsten Market from Chinatungsten Online Milestone moment! Tungsten ore price breaks through RMB 170,000/ton mark, APT price stands at RMB 250,000/ton mark, breaking the historical record! As of press time, The price of 65% wolframite concentrate is RMB 171,000/ton, up 19.6% from the beginning of the year, up 22.1% from the lowest price of the year, and up 24.8% from the average price in 2024. The price of 65% scheelite concentrate is RMB 170,000/ton, up 19.7% from…

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Molybdenum Market – May 29, 2025 142

Molybdenum market update on May 29, 2025 The domestic molybdenum market in China is experiencing a strong upward trend, primarily driven by a tight supply of molybdenum concentrate, high downstream buying interest, and strong speculative sentiment among traders. Today, May 29, 2025, the prices of molybdenum concentrate, ferromolybdenum, and molybdenum powder surged to approximately 3,800 yuan/ton-degree, 248,000 yuan/ton, and 440 yuan/kg, respectively. According to CTIA GROUP LTD, a recent transaction in Henan involved 100 tons of molybdenum concentrate at 3,795…

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