Tungsten News

Tungsten News
Average Price of Tungsten Products from January to July 2025 263

Average Price of Tungsten Products from January to July 2025 65% Wolframite Concentrate: The average price was RMB 156,546/ton, reflecting a year-on-year increase of 16.32%. The quotation at the end of July increased by 36.36% compared to the beginning of the year. 65% Scheelite Concentrate: The average price was RMB 155,546/ton, showing a year-on-year increase of 16.56%. The quotation at the end of July rose by 36.62% compared to the beginning of the year. Ammonium Paratungstate: The average price was…

Tungsten News
Average Price of Tungsten Products in July 2025 154

Average Price of Tungsten Products in July 2025 65% Wolframite Concentrate: The average price was RMB 181,283/ton, representing a month-on-month increase of 5.11% and a year-on-year increase of 35.07% compared to July 2024. The quotation at the end of the month increased by 12.72% compared to the beginning of the month. 65% Scheelite Concentrate: The average price was RMB 180,283/ton, showing a month-on-month increase of 5.14% and a year-on-year increase of 35.33%. The quotation at the end of the month…

Tungsten News
Tungsten Market Shows Strength in July 115

In July 2025, China’s tungsten market experienced a robust upward trend, with prices of major tungsten raw materials rising by approximately 13% within the month, a 36% increase compared to the beginning of the year. The average monthly price rose by about 5% month-on-month and surged 35% year-on-year. The strong performance of tungsten prices in July was driven by multiple factors: tight supply chains, stricter policy regulations, intensified international geopolitical tensions, a steadily improving domestic economic environment, and signals of…

Tungsten News
Tungsten Powder Price Soars to RMB 430/kg – July 30, 2025 374

Analysis of Latest Tungsten Market from Chinatungsten Online Tungsten prices have generally maintained a firm trend. Recently, holders have shown a slight increase in willingness to sell, but actual transaction feedback remains limited due to significant gaps in price expectations between buyers and sellers. Market cost transmission is sluggish, and circulation within the industry chain is constrained. The price of 65% wolframite concentrate is quoted at RMB 195,000/ton, up 36.4% from the beginning of the year. Miners are strongly inclined…

Tungsten News
Tungsten Market: Urgent Need to Balance High Prices and Risks 91

The current tungsten prices maintain a high-level trend, but potential market risks cannot be ignored. The pressure from supply-demand imbalances and structural contradictions is intertwined, urgently requiring coordinated efforts from policymakers and market entities to implement prudent measures and gradually promote industrial transformation and upgrading. Key Factors Supporting Sustained High Tungsten Prices: Declining Resource Endowment: Tungsten ore grade continues to decline, existing mines are depleting, and new mines are limited in supply, putting pressure on the supply side and, consequently,…

Tungsten News
Tungsten Prices Temporarily Stable – July 29, 2025 292

Analysis of Latest Tungsten Market from Chinatungsten Online Tungsten prices remain stable at high levels, with the market showing sensitive sentiment and a strong wait-and-see atmosphere, resulting in sluggish actual transactions. The supply of upstream tungsten ore resources continues to be tight, with firm prices, but cost transmission in the mid-to-downstream industrial chain is poor. Smelting and deep-processing enterprises have generally suspended quotations, adopting a “negotiated per order” strategy. The tungsten market exhibits a “high price, low volume” pattern. As…

Tungsten News
Inner Mongolia Will Add 1.14 Million Tons of Molybdenum Resources from 2021 to 2024 43

Recently, the Inner Mongolia Daily reported that during the “14th Five-Year Plan” period, the Inner Mongolia Autonomous Region invested a total of 2.61 billion yuan in geological exploration, identifying vast mineral resources rich in iron, niobium, and rare earths in the Baiyun Ebo South mining belt. From 2021 to 2024, Inner Mongolia leveraged 2.655 billion yuan in social funds for geological exploration, achieving significant growth in strategic mineral resource reserves. For instance, molybdenum resources increased by 1.1427 million tons, iron…

Tungsten News
2025 China 500: Tungsten Enterprises 44

On July 22, 2025, Fortune magazine released the 2025 China 500 ranking, featuring several molybdenum, rare earth, and tungsten enterprises, including Xiamen Tungsten Co., Ltd. (ranked 395th with 2024 revenue of 4,891.7 million USD), Luoyang Molybdenum Industry Co., Ltd. (ranked 138th with 2024 revenue of 29,607.1 million USD), and China Northern Rare Earth (Group) High-Tech Co., Ltd. (ranked 415th with 2024 revenue of 4,581.7 million USD). In 2024, Xiamen Tungsten achieved revenue of 35.271 billion yuan, a decrease of 10.48%…

Tungsten News
Tungsten Prices Soar 35%, Cemented Carbide Companies Cry Foul 103

Analysis of Latest Tungsten Market from Chinatungsten Online On Monday, the frenzy of tungsten prices continued to unfold, with raw material prices reaching unattainable heights, leaving downstream cemented carbide companies in distress. Industry insiders are calling for the market to urgently return to a rational track, addressing supply-demand imbalances and cost transmission mechanisms, while exploring paths for steady price increases and sustainable corporate development to ensure the healthy growth and long-term prosperity of the tungsten industry. As of press time,…

Tungsten News
Surging 30%, Tungsten Ore Price Reaches RMB 190,000! 204

Analysis of Latest Tungsten Market from Chinatungsten Online Tungsten prices rose strongly this week. The main support for the market comes from the continued tight supply of tungsten concentrate, due to the summer weather characteristics and natural conditions in the mining area, policy regulation and market sentiment, international geopolitical and economic environment, and sudden regional conflicts. Cost pressure is transmitted to the middle and downstream industrial chain step by step. The price of major tungsten raw materials rose by about…

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