Surging 30%, Tungsten Ore Price Reaches RMB 190,000!

Tungsten Price Trend from January to July 25, 2025

Analysis of Latest Tungsten Market from Chinatungsten Online 

Tungsten prices rose strongly this week. 

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Molybdenum Market - July 25, 2025

Molybdenum copper sheet picture

Molybdenum market update on July 25, 2025

This week, domestic molybdenum market exhibited a pattern of initial suppression followed by a rebound. At the beginning of the week, the market entered an adjustment phase after a rapid price increase, compounded by declining steel mill tender prices and low downstream procurement inquiry activity, prompting suppliers to slightly lower quotations to facilitate transactions.

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Is It Normal for Tungsten Prices to Remain High?

Tungsten Price Trend from January to July 24, 2025

Analysis of Latest Tungsten Market from Chinatungsten Online

▏ Current Situation of Tungsten Price:

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Tungsten and Molybdenum Exploration Investment Grew in the First Half of 2025

Image of a Mine

Recently, the Ministry of Natural Resources released a statement indicating that in the first half of 2025, China achieved significant breakthroughs in mineral exploration for key mineral types, discovering 38 new mineral deposits, an increase of 31% year-on-year, including 25 large- and medium-sized deposits. Exploration investments in non-oil-and-gas minerals such as tungsten and molybdenum continued to grow.

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Molybdenum Market - July 24, 2025

Molybdenum copper sheet picture

Molybdenum market update on July 24, 2025

The domestic molybdenum market is maintaining a high-level sideways trend, with product prices showing no significant changes and actual transaction volumes remaining decent, as traders generally adhere to rigid trading practices.

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Tungsten Prices Soar to the Skies - July 23, 2025

Tungsten Price Trend from January to July 23, 2025

Analysis of Latest Tungsten Market from Chinatungsten Online 

The price of tungsten market continues to rise, mainly due to the current situation of supply contraction, the expected growth of demand and the impact of policy-based strategic regulation. 

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Molybdenum Market - July 23, 2025

Molybdenum sheet picture

Molybdenum market update on July 23, 2025

The domestic molybdenum market shows a trend of stabilizing after a decline, with a mix of bullish and bearish factors leading to differing pricing sentiments among upstream and downstream enterprises in the supply chain: molybdenum mining companies exhibit strong reluctance to sell and an optimistic outlook, intermediate smelting enterprises are ambivalent about raising or lowering prices, while molybdenum chemical enterprises maintain relatively stable quotations.

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China’s “Zero Tolerance” Policy on Smuggling of Strategic Minerals

Image of a Mine

On July 19, 2025, the Office of the National Export Control Coordination Mechanism organized a meeting in Nanning, Guangxi, involving units such as the Ministry of Commerce, Ministry of Public Security, Ministry of State Security, General Administration of Customs, National Postal Administration, Supreme People’s Court, and Supreme People’s Procuratorate to advance the special operation against the smuggling and export of strategic minerals. The meeting reviewed and reported on initial progress, comprehensively analyzed the current situation regarding anti-smuggling efforts, and made further deployments and advancements for the special operation.

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Tungsten Prices Surge and Policies Support Drive New Industry Cycle

Tungsten Price Trend from January to July 22, 2025

Analysis of Latest Tungsten Market from Chinatungsten Online 

The tungsten market has been running strongly this year, and the prices of products in the entire industry chain have generally risen, forming a cost deferral and transmission pattern from "tungsten concentrate-tungsten smelting-deep processing of tungsten products". 

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Molybdenum Market - July 22, 2025

Molybdenum crucible picture

Molybdenum market update on July 22, 2025

The domestic molybdenum market exhibits an overall stable but weak pattern, primarily characterized by a continued slight decline in molybdenum raw material prices, low trading sentiment among traders, and slow order growth. However, supported by strong production costs and the continuous introduction of favorable policies, suppliers have limited room for price concessions.

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