Molybdenum Market Update - March 6, 2025

Molybdenum copper sheet picture

Molybdenum market update on March 6, 2025

Domestic molybdenum price is showing an overall downward trend, with the prices of molybdenum concentrate, ferromolybdenum, and molybdenum powder continuing to decline by approximately 10 yuan/ton-degree, 1,000 yuan/ton, and 5 yuan/kg, respectively.

Read more: Molybdenum Market Update - March 6, 2025

Ammonium Metatungstate Is Not Currently Subject to Dual-Use Item Controls

ammonium metatungstate image

On February 28th, in response to recent inquiries from enterprises and following communication with relevant departments of the General Administration of Customs, the Ministry of Commerce (MOFCOM) provided answers to common identification questions regarding tungsten, tellurium, and related items. One of the highly anticipated questions was whether ammonium metatungstate falls under the scope of dual-use item controls.

Read more: Ammonium Metatungstate Is Not Currently Subject to Dual-Use Item Controls

Tungsten Prices in a Declining Phase

Picture of tungsten rods

Analysis of latest tungsten market from Chinatungsten Online

In March 2025, the forecast average prices by industry bodies and the long-term contract prices for the first half of the month set by several tungsten enterprises were adjusted downwards, clearly indicating a downtrend in the tungsten market.

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MOFCOM Answers Common Identification Questions on Controlled Items Related to Tungsten and Tellurium

MOFCOM Answers Common Identification Questions on Controlled Items Related to Tungsten and Tellurium

On February 28, the Bureau of Safety and Control of the Ministry of Commerce (MOFCOM), based on recent inquiries from enterprises and in communication with relevant departments of the General Administration of Customs, provided answers to common identification questions regarding tungsten, tellurium, and related items.

Read more: MOFCOM Answers Common Identification Questions on Controlled Items Related to Tungsten and Tellurium

Jiangxi's Tungsten and Rare Earth Industry Output Value Is Expected to Exceed 100 Billion Yuan

China Tungsten Online tungsten alloy disc image

Recently, according to the official website of the Jiangxi Provincial Market Supervision Administration, in recent years, the Ganzhou City Market Supervision Bureau has seized the opportunity to establish the National Tungsten and Rare Earth Industry Metrology Testing Center. By building a professional technical service platform and deeply implementing the "Three Comprehensives and One Proactive" metrology testing service, it has promoted the transformation of Ganzhou from a "resource treasure trove" to an "industrial highland," actively empowering the high-quality development of Jiangxi’s tungsten and rare earth industries.

Read more: Jiangxi's Tungsten and Rare Earth Industry Output Value Is Expected to Exceed 100 Billion Yuan

 

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