Analysis of latest tungsten market from Chinatungsten Online 

On Monday, the tungsten prices remained stable, but the market inquiry and transaction atmosphere are still under pressure. The sluggish demand side has led to slow inventory digestion in the mid-to-downstream sectors of the industry chain; however, with rigid cost support from the mining end, there is limited room for the price to continue declining.

Molybdenum market update on March 17, 2025

At the beginning of the week, the domestic molybdenum market in China continued to exhibit a slight downward trend overall, with prices of molybdenum concentrate, ferromolybdenum, and molybdenum oxide dropping by approximately 10 yuan, 1,000 yuan, and 10 yuan, respectively.

Recently, according to a report from China Mining News, in Jingkou Town, Bobai County, Guangxi Zhuang Autonomous Region, the project team of the Guangxi Sixth Geological Team, working on the "Geological Survey and Evaluation of the Daqiao-Ningtan Tungsten-Molybdenum Polymetallic Deposit in Luchuan County and Bobai County, Guangxi," is carrying out drilling operations for the final borehole. The sounds of drilling and machinery resonate loudly as the team lowers and retrieves the drill.

In the vast field of materials science, two-dimensional (2D) material has long been a focal point of cutting-edge research. Since the discovery of single-layer graphene in 2004—an event akin to dropping a massive stone into a calm lake, sending ripples in all directions—the family of 2D materials has rapidly expanded. To date, hundreds of experimentally accessible 2D materials have been identified. However, for a long time, these 2D materials were largely confined to layered material systems. Metals, which hold a significant position in the materials world, are mostly non-layered materials. Reshaping metals into 2D forms has thus posed a major challenge to the scientific community.

Recently, according to information from the official website of the Hubei Provincial Department of Natural Resources, in January 2025, the average price of 65% white tungsten concentrate in Hubei was 143,279 yuan/ton, reflecting a month-on-month increase of approximately 1.16% and a year-on-year increase of about 17.47%. The average price of 60% white tungsten concentrate was 142,279 yuan/ton, up approximately 1.17% month-on-month and 17.62% year-on-year. The average price of APT (ammonium paratungstate) was 211,912 yuan/ton, showing a month-on-month increase of about 0.86% and a year-on-year rise of approximately 17.00%. The average price of tungsten carbide powder was 311,235 yuan/ton, with a month-on-month increase of about 0.46% and a year-on-year rise of approximately 16.53%.

To further implement the spirit of the "Notice of the Ministry of Finance, the Ministry of Natural Resources, and the State Taxation Administration on Issuing the 'Measures for the Collection of Mineral Rights Transfer Proceeds'" (Cai Zong [2023] No. 10) and the "Notice of the General Office of the Ministry of Natural Resources on Issuing the 'Guidelines for Formulating Market Benchmark Prices for Mineral Rights Transfer Proceeds'" (Zi Ran Zi Ban Han [2023] No. 1905), the Hubei Provincial Department began updating and adjusting the market benchmark prices for mineral rights transfer proceeds in 2025 for 25 mineral types listed in the "Mineral Catalogue" of Cai Zong [2023] No. 10, including tungsten, molybdenum, gold, copper, and phosphorus. This effort resulted in the "2025 Hubei Province Research Results on Market Benchmark Prices for Mineral Rights Transfer Proceeds for 25 Mineral Types Including Gold, Copper, and Phosphorus (Draft for Comments)."

Recently, according to information from the official website of the Jiangxi Provincial Development and Reform Commission, in February 2025, the average prices of 65 essential consumer goods monitored in Jiangxi showed a mixed trend: 29 increased, 27 decreased, and 9 remained stable compared to the previous month. Among industrial production materials, tungsten concentrate prices saw a slight increase, rare earth prices rose, steel prices experienced more declines than increases, cement prices edged down slightly, and sand and gravel prices fell.

Molybdenum market update on March 14, 2025

This week, the domestic molybdenum market has continued to exhibit a relentless downward trend, with the decline in prices of numerous molybdenum products slightly larger than last week.

Analysis of latest tungsten market from Chinatungsten Online 

This week, tungsten prices overall showed a weak consolidation, with the main negative factor stemming from market supply and demand pressure.

Molybdenum market update on March 13, 2025

The domestic molybdenum market continues to exhibit a pattern of persistent declines that are difficult to halt, with the magnitude of price drops for molybdenum products slightly increasing.