Recently, the official website of the Guangxi Zhuang Autonomous Region Department of Natural Resources reported that during the "14th Five-Year Plan" period, the Guangxi Autonomous Region Department of Natural Resources has thoroughly implemented the national energy and resource security strategy. Taking mineral exploration system construction as the foundation, institutional reform as the driving force, and innovative cooperation as the engine, Guangxi has achieved remarkable progress in the new round of strategic mineral exploration breakthroughs. As of the end of June 2025, Guangxi has completed all 10 strategic mineral exploration tasks assigned by the state ahead of schedule. This includes significant increases in the resource volumes of minerals such as rare earths, aluminum, manganese, tin, antimony, and indium, further solidifying Guangxi’s position in strategic minerals nationwide.

According to recent news on the official website of the Hubei Provincial Department of Natural Resources, in June 2025, the average price of 65% white tungsten concentrate in Hubei was 171,288 yuan per ton, increased by approximately 7.01% month-on-month and 16.81% year-on-year; the average price of 60% white tungsten concentrate was 170,788 yuan per ton, increased by approximately 7.03% month-on-month and 17.02% year-on-year; the average price of APT (ammonium paratungstate) was 251,300 yuan per ton, increased by approximately 6.03% month-on-month and 14.02% year-on-year; and the average price of tungsten carbide powder was 368,350 yuan per ton, increased by approximately 6.83% month-on-month and 12.89% year-on-year.

Molybdenum market update on August 1, 2025

This week, the domestic molybdenum market exhibited an initial rise followed by stabilization. At the beginning of the week, influenced by tight raw material spot supply, significant price increases by major molybdenum mining companies, and strong speculative sentiment among traders, the price of molybdenum concentrate rose notably.

Analysis of Latest Tungsten Market from Chinatungsten Online 

At the beginning of August, the tungsten market was characterized by a wait-and-see atmosphere. After tungsten prices surged over 35% across the board and downstream alloy industry associations and companies advocated for "small fluctuations and rational price increases", the market gradually stabilized. 

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

According to CTIA GROUP LTD, the price trend of molybdenum products in China in July 2025 was characterized by an initial rise, followed by stabilization, and then another rise, with a total of approximately 13,000 tons of ferromolybdenum tendered during the same period.

Average Price of Tungsten Products from January to July 2025

65% Wolframite Concentrate: The average price was RMB 156,546/ton, reflecting a year-on-year increase of 16.32%. The quotation at the end of July increased by 36.36% compared to the beginning of the year.

Average Price of Tungsten Products in July 2025

65% Wolframite Concentrate: The average price was RMB 181,283/ton, representing a month-on-month increase of 5.11% and a year-on-year increase of 35.07% compared to July 2024. The quotation at the end of the month increased by 12.72% compared to the beginning of the month.

In July 2025, China's tungsten market experienced a robust upward trend, with prices of major tungsten raw materials rising by approximately 13% within the month, a 36% increase compared to the beginning of the year. The average monthly price rose by about 5% month-on-month and surged 35% year-on-year.

Analysis of Latest Tungsten Market from Chinatungsten Online 

Tungsten prices have generally maintained a firm trend. Recently, holders have shown a slight increase in willingness to sell, but actual transaction feedback remains limited due to significant gaps in price expectations between buyers and sellers. Market cost transmission is sluggish, and circulation within the industry chain is constrained.

Molybdenum market update on July 30, 2025

The domestic molybdenum market is experiencing a significant upswing, with the price center clearly shifting upward.