To further implement the spirit of the "Notice of the Ministry of Finance, the Ministry of Natural Resources, and the State Taxation Administration on Issuing the 'Measures for the Collection of Mineral Rights Transfer Proceeds'" (Cai Zong [2023] No. 10) and the "Notice of the General Office of the Ministry of Natural Resources on Issuing the 'Guidelines for Formulating Market Benchmark Prices for Mineral Rights Transfer Proceeds'" (Zi Ran Zi Ban Han [2023] No. 1905), the Hubei Provincial Department began updating and adjusting the market benchmark prices for mineral rights transfer proceeds in 2025 for 25 mineral types listed in the "Mineral Catalogue" of Cai Zong [2023] No. 10, including tungsten, molybdenum, gold, copper, and phosphorus. This effort resulted in the "2025 Hubei Province Research Results on Market Benchmark Prices for Mineral Rights Transfer Proceeds for 25 Mineral Types Including Gold, Copper, and Phosphorus (Draft for Comments)."

Recently, according to information from the official website of the Jiangxi Provincial Development and Reform Commission, in February 2025, the average prices of 65 essential consumer goods monitored in Jiangxi showed a mixed trend: 29 increased, 27 decreased, and 9 remained stable compared to the previous month. Among industrial production materials, tungsten concentrate prices saw a slight increase, rare earth prices rose, steel prices experienced more declines than increases, cement prices edged down slightly, and sand and gravel prices fell.

Molybdenum market update on March 14, 2025

This week, the domestic molybdenum market has continued to exhibit a relentless downward trend, with the decline in prices of numerous molybdenum products slightly larger than last week.

Analysis of latest tungsten market from Chinatungsten Online 

This week, tungsten prices overall showed a weak consolidation, with the main negative factor stemming from market supply and demand pressure.

Molybdenum market update on March 13, 2025

The domestic molybdenum market continues to exhibit a pattern of persistent declines that are difficult to halt, with the magnitude of price drops for molybdenum products slightly increasing.

Analysis of latest tungsten market from Chinatungsten Online 

The tungsten price remains locked in a sideways consolidation, with sentiment across the industry chain diverging sharply. The market transaction atmosphere is subdued, and the overall market is under pressure to stabilize.

Molybdenum market update on March 12, 2025

The overall situation of the domestic molybdenum market remains weak, with a buyer's market holding a significant advantage amid the interplay of bullish and bearish factors. This is primarily reflected in the continuous decline in prices of most products and a strong willingness among suppliers to sell at reduced prices.

Domestic Tungsten Market Trends and Fundamentals

The trend of domestic tungsten prices is weakly stable, with market fundamentals remaining in a stalemate. Resources at the mining end are limited, and terminal demand is poor. Intermediate smelting manufacturers are facing significant pressure from inventory accumulation and price inversion.

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.

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.