Tungsten News

Tungsten News
Tungsten and Cobalt Prices Rise in Turn, Cemented Carbide Firms Struggle 194

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 136

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 101

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 193

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 117

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 193

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 43

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.…

Tungsten News
Tungsten Prices Weaken, Cobalt Prices Strengthen – September 24, 2025 429

Analysis of Latest Tungsten Market from Chinatungsten Online Tungsten prices continued to weaken, primarily due to the gradual shift from previous speculative demand to speculative supply, leading to a shift in market fundamentals and sentiment, which in turn dampened prices. However, the underlying tight supply of tungsten ore and its unique properties as a strategic resource continue to provide solid support for the market’s bottom line. After a nearly 5% correction, the market’s decline has slowed. Overall, the tungsten market…

Tungsten News
Molybdenum Market – September 24, 2025 126

Molybdenum market update on September 24, 2025 The domestic molybdenum market overall maintained a sideways pattern, with some product prices experiencing a slight decline due to the inability of bullish sentiment from the raw material side to effectively support stable downstream market operations and the continued downward pressure on ferromolybdenum bids from steel enterprises. However, influenced by the recent oscillatory decline in molybdenum prices and the approaching National Day holiday, downstream inquiries have increased. In the molybdenum concentrate market, the…

Tungsten News
Rare Earth Market – September 24, 2025 229

Rare earth market update on September 24, 2025 The overall performance of the domestic rare earth market is moderate, with a somewhat stagnant negotiation atmosphere between suppliers (with low willingness to reduce prices) and buyers (with limited consumption capacity), and no major news releases in the market, resulting in product prices fluctuating within a narrow range and limited actual transaction volumes. Today, the prices of praseodymium-neodymium oxide, erbium oxide, and dysprosium-iron alloy are approximately 578,000 yuan per ton, 336,000 yuan…

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