Price Reduction for Tungsten Concentrate and Tungsten Powder

Picture of tungsten carbide seals

Analysis of latest tungsten market from Chinatungsten Online

Tungsten prices experienced a slight decrease this week. Firstly, as the market resumption rate gradually increases, demand has not significantly risen, leading to a weakening of price support due to tight raw material supplies. Secondly, minor reductions in tungsten raw material quotes from large tungsten enterprises further affected traders' confidence.

Read more: Price Reduction for Tungsten Concentrate and Tungsten Powder

Molybdenum Market Update-February 14, 2025

Silicon molybdenum rod picture

Molybdenum market update on February 14, 2025

This week, the domestic molybdenum market exhibited a generally weak consolidation trend, with the price of molybdenum concentrate dropping by approximately 0.28%, ferromolybdenum prices falling by about 0.43%, and molybdenum oxide prices declining by around 0.27%. 

Read more: Molybdenum Market Update-February 14, 2025

Tungsten Powder and Ferro Tungsten Prices Remain Stable

picture of tungsten powder

Analysis of latest tungsten market from Chinatungsten Online

Tungsten prices are at a standstill. After the Lantern Festival, the market resumption rate increased, but overall trading activities remained at an impasse. The bearish sentiment in market demand has not shifted yet, restraining traders' sentiment and spot market transactions.

Read more: Tungsten Powder and Ferro Tungsten Prices Remain Stable

Why Does China Implement Export Controls on Tungsten Carbide?

tungsten carbide powder image

On February 4, 2025, China's Ministry of Commerce, jointly with the General Administration of Customs, issued an announcement on the implementation of export controls on tungsten and related items, including tungsten carbide (not controlled under item 1C226). Why does China implement export controls on tungsten carbide?

Read more: Why Does China Implement Export Controls on Tungsten Carbide?

Molybdenum Market Update-February 13, 2025

Silicon molybdenum rod picture

Molybdenum market update on February 13, 2025

The domestic molybdenum market has remained relatively stable overall, with no significant changes observed. The interplay of both positive and negative factors has led to intense price negotiations between buyers and sellers, resulting in a strong wait-and-see sentiment in the market and limited actual transaction volumes.

Read more: Molybdenum Market Update-February 13, 2025

 

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