Analysis of latest tungsten market from Chinatungsten Online

The tungsten market exhibited a weak but stable trend on Monday, as demand was sluggish, impacting business sentiment. Tungsten raw material prices were under pressure and showed signs of easing.

Molybdenum market update on February 17, 2025

At the beginning of the week, the domestic molybdenum market as a whole continued to maintain a sideways operation.

On February 4, 2025, the Ministry of Commerce announced its decision to implement export controls on tungsten-related items, including tungsten alloy, tungsten-copper alloy, tungsten-silver alloy, tungsten-nickel-iron alloy, tungsten-nickel-copper alloy, etc., with specific characteristics or dimensions.

Analysis of latest tungsten market from Chinatungsten Online

Tungsten prices experienced a slight decrease this week. Firstly, as the market resumption rate gradually increases, demand has not significantly risen, leading to a weakening of price support due to tight raw material supplies. Secondly, minor reductions in tungsten raw material quotes from large tungsten enterprises further affected traders' confidence.

Molybdenum market update on February 14, 2025

This week, the domestic molybdenum market exhibited a generally weak consolidation trend, with the price of molybdenum concentrate dropping by approximately 0.28%, ferromolybdenum prices falling by about 0.43%, and molybdenum oxide prices declining by around 0.27%. 

On February 4, 2025, China's Ministry of Commerce, jointly with the General Administration of Customs, issued an announcement on the implementation of export controls on tungsten and related items, including tungsten carbide (not controlled under item 1C226). Why does China implement export controls on tungsten carbide?

Analysis of latest tungsten market from Chinatungsten Online

Tungsten prices are at a standstill. After the Lantern Festival, the market resumption rate increased, but overall trading activities remained at an impasse. The bearish sentiment in market demand has not shifted yet, restraining traders' sentiment and spot market transactions.

Molybdenum market update on February 13, 2025

The domestic molybdenum market has remained relatively stable overall, with no significant changes observed. The interplay of both positive and negative factors has led to intense price negotiations between buyers and sellers, resulting in a strong wait-and-see sentiment in the market and limited actual transaction volumes.

According to China Tungsten Online, the Nayakkarpatti tungsten block in Tamil Nadu has recently garnered significant attention due to its overlap with the Arittapatti biopersity heritage site, sparking debates over ecological and cultural preservation.

Recently, a research team from the School of Science, Department of Frontier Sciences, Harbin Institute of Technology has made an important breakthrough in the field of anode electrocatalysis for hydrogen production by proton membrane water electrolysis, successfully solving the technical problem of the activity-stability trade-off of iridium nickel oxygen electrocatalysts. This scientific research result has injected strong impetus into the development of our country's clean energy technology. In this breakthrough, tungsten played a key role, opening up a new technical path for the future development of the green hydrogen industry.