According to data compiled by Chinatungsten Online from the General Administration of Customs, in the second quarter of 2025, China's imports of tungsten products (excluding cemented carbide tools and tungsten halogen lamps) amounted to 4,865.59 tons. This reflects a year-on-year increase of 47.99% compared to the second quarter of 2024 and a quarter-on-quarter increase of 26.96% compared to the first quarter of 2025. The import value reached RMB 584 million, showing a year-on-year increase of 26.55% and a quarter-on-quarter increase of 19.90%.

I. Analysis of China’s Rare Earth Price Trends in June 2025

According to CTIA GROUP LTD, in June 2025, the price trends of China’s light and heavy rare earth products perged: light rare earth prices showed an oscillatory upward trend, while heavy rare earth prices oscillated downward.

According to data compiled by Chinatungsten Online from the General Administration of Customs, in June 2025, China's imports of tungsten products (excluding cemented carbide tools and tungsten halogen lamps) amounted to 2,354.51 tons. This represents a year-on-year increase of 98.75% compared to June 2024 and a month-on-month increase of 67.05% compared to May 2025. The import value was RMB 272 million, reflecting a year-on-year increase of 70.17% and a month-on-month increase of 74.41%.

I. Analysis of China’s Molybdenum Price Trends in June 2025

According to CTIA GROUP LTD, in June 2025, the price trends of China’s molybdenum raw materials and molybdenum chemical products perged slightly: molybdenum raw material prices followed a pattern of initial increase, stabilization, then decline, while molybdenum chemical product prices remained stable before declining.