Analysis of latest tungsten market from Chinatungsten Online 

Tungsten prices continued to weaken, with large tungsten enterprises again quoting low prices in long-term contracts, dampening market confidence. The current supply-demand mismatch in the tungsten market, coupled with widespread bearish sentiment among purchasers, has led to sluggish transaction performance and insufficient market vitality.

Recently, according to a report from the Press Office of the Inner Mongolia Autonomous Region Government, in 2024, the region’s public welfare geological exploration efforts achieved significant results, playing a leading and exemplary role, while the commercial exploration market continued to heat up, with several mines realizing substantial increases in reserves.

Molybdenum market update on March 11, 2025

The domestic molybdenum market is exhibiting an overall stable yet slightly weak pattern, primarily characterized by a slight decline in the price focus of many products and low enthusiasm among traders for market participation. Today, the prices of molybdenum concentrate, molybdenum iron, and ammonium tetramolybdate have decreased by approximately 50 yuan/ton-degree, 2,000 yuan/ton, and 1,000 yuan/ton, respectively.

Recently, two national standards, led by the Provincial Tungsten and Rare Earth Quality Inspection Center, were officially released on January 24, 2025: GB/T 6150.19-2025: Methods for Chemical Analysis of Tungsten Concentrates-Part 19: Determination of Fluorine Content-Ion-Selective Electrode Method and GB/T 6150.20-2025: Methods for Chemical Analysis of Tungsten Concentrates-Part 20: Determination of Mercury Content-Direct Solid Sampling Method. The release of these two new standards not only standardizes the analytical methods for detecting fluorine and mercury content in tungsten concentrates, improving the accuracy and comparability of test results, but also facilitates research on environmental pollution issues during the production and processing of tungsten concentrates. This provides strong support for the implementation of the national ecological and environmental protection strategy.