In July 2025, China’s molybdenum price trend was characterized by an initial rise, followed by stability, and then another rise. In terms of average prices, molybdenum concentrate average price was 3,995 yuan per ton-unit, increased by 4.09% month-on-month; the average price of ferromolybdenum was 255,217 yuan per ton, increased by 3.31% month-on-month; the average price of molybdenum oxide was 4,124 yuan per ton-unit, increased by 4.72% month-on-month; the average price of ammonium heptamolybdate was 247,174 yuan per ton, increased by 3.53% month-on-month; and the average price of molybdenum powder was 449 yuan per kilogram, increased by 2.05% month-on-month.

In July 2025, tungsten prices showed robust performance, with the average price of 65% black tungsten concentrate at 181,300 yuan per ton, increased by 5.10% month-on-month; the average price of ammonium paratungstate at 264,800 yuan per ton, increased by 5.04% month-on-month; the average price of tungsten powder at 396.13 yuan per kilogram, increased by 5.12% month-on-month; the average price of tungsten carbide powder at 387.00 yuan per kilogram, increased by 4.31% month-on-month; the average price of 70 ferrotungsten at 269,100 yuan per ton, increased by 4.71% month-on-month; and the average price of tungsten bars at 448.04 yuan per kilogram, increased by 5.42% month-on-month.

In July 2025, praseodymium-neodymium prices experienced volatile increases, while dysprosium-terbium prices rose initially and then declined. In terms of average prices, the average price of praseodymium-neodymium oxide was 476,739 yuan per ton, increased by 7.29% month-on-month; the average price of praseodymium-neodymium metal was 582,435 yuan per ton, increased by 6.85% month-on-month; the average price of terbium oxide was 7,151 yuan per kilogram, decreased by 0.42% month-on-month; and the average price of dysprosium-iron alloy was 1,607,826 yuan per ton, increased by 1.25% month-on-month.

In the first half of 2025, China’s molybdenum product exports were 19,220.53 tons, decreased by 3.86% year-on-year. Among these, molybdenum powder exports were 11.61 tons, decreased by 91.49%; molybdenum wire exports were 158.05 tons, increased by 10.96%; ferromolybdenum exports were 3,137.65 tons, decreased by 21.32%; ammonium molybdate exports were 189.20 tons, decreased by 33.32%; and other molybdenum products exports were 116.34 tons, decreased by 12.13%.

In the first half of 2025, China’s molybdenum product imports were 41,101.50 tons, increased by 22.19% year-on-year. Among these, molybdenum powder imports were 2.01 tons, increased by 4.08%; molybdenum wire imports were 19.79 tons, increased by 58.90%; ferromolybdenum imports were 2,821.46 tons, decreased by 28.61%; ammonium molybdate imports were 1,108.52 tons, increased by 205.45%; and other molybdenum products imports were 12.74 tons, increased by 24.01%.

In the first half of 2025, China’s tungsten product exports were 7,257.99 tons, decreased by 23.94% year-on-year. Among these, tungsten powder exports were 659.23 tons, decreased by 29.53%; tungsten wire exports were 191.94 tons, increased by 11.87%; tungsten carbide exports were 588.57 tons, decreased by 71.48%; ammonium paratungstate exports were 162.50 tons, decreased by 42.52%; and tungsten trioxide exports were 350.48 tons, decreased by 76.24%.

In the first half of 2025, China’s tungsten product imports were 8,698.06 tons, increased by 17.74% year-on-year. Among these, tungsten powder imports were 23.01 tons, increased by 46.56%; tungsten wire imports were 2,466 kilograms, decreased by 9.30%; tungsten carbide imports were 38.78 tons, decreased by 35.82%; ammonium paratungstate imports were 5 kilograms, increased by 25.00%; and tungsten trioxide imports were 6,837 kilograms, decreased by 88.83%.

Tungsten probe is a precision testing tool made from high-purity tungsten, widely used for inspecting tiny components and electrical performance testing in the electronics, electrical, and semiconductor industries. 

The U-shaped EB tungsten filament is a high-purity tungsten wire heating element bent into a U shape, widely used in electron beam evaporation coating equipment.

Thorium tungsten rod is a tungsten alloy bar containing 2% thorium oxide, known for its excellent high-temperature strength, resistance to electron emission, and thermal stability.