Analysis of latest tungsten market from Chinatungsten Online

At the beginning of the week, China tungsten price is strong with the impact of the increase in new guide prices from state-owned companies and tungsten association. The rise was beneficial from high costs and eased stock pressure. 

What do you know about tungsten copper foils, strips, sheets, plates, or blocks? What are their differences?  

Tungsten filament, also named tungsten heater, tungsten filament coil or tungsten cathode, is made of tungsten material and formed by single tungsten wire or multiple strands according to the specific requirements of the available samples or drawings. 

Analysis of latest tungsten market from Chinatungsten Online

China tungsten price was in the upward trend in the week ended on Friday, August 05, 2022 when the confidence of sellers was boosted despite of continued weak demand. 

Rare earth market quotation in China: europium oxide, lanthanum oxide and cerium oxide prices maintain stability on August 8, 2022. After the price of mainstream products fell sharply in the past few weeks, it has forced rare earth suppliers to increase their awareness of profitability, so the decline in the price of rare earth raw materials has narrowed slightly recently. 

At the beginning of the week, China’s ferro molybdenum, molybdenum oxide and concentrate prices remain stable on the whole. Although the price reduction of many molybdenum suppliers narrowed as the price of raw materials gradually approached the cost line, it was still difficult to stabilize the price of molybdenum products, mainly due to the negative factors still exist.

Analysis of latest tungsten market from Chinatungsten Online

The ferro tungsten and tungsten carbide powder prices are unchanged from the previous trading day on deadlocked supply and demand in the market. Raw material manufacturers have rised mentality, giving support to the market, but the demand side follows up cautiously, limiting the price increase and market trading. 

China rare earth price showed a continuous overcast pattern in the week ended on Friday, August 05, 2022. The prices of praseodymium neodymium oxide and praseodymium neodymium metal dropped from 830,000 yuan/ton and 990,000 yuan/ton to 760,000 yuan/ton and 940,000 yuan/ton, respectively.

China molybdenum price was in the downward trend in the week ended on Friday, August 05, 2022. With the gradual increase of negative factors, the buyer's market has a greater advantage, which is mainly reflected in the lack of confidence in suppliers to stabilize prices, slow growth in orders and most industry players are bearish on the market outlook. 

Analysis of latest tungsten market from Chinatungsten Online

The ammonium paratungstate (APT) and tungsten powder prices continue to increase on August 3, 2022 supported by market confidence, relatively tight supply of raw materials despite of continued weak demand. 

Analysis of latest tungsten market from Chinatungsten Online

The domestic tungsten price was relatively strong at the beginning of the month, mainly due to the support of the upstream market in the industrial chain, and the industry's expectations of industrial consumption under the background of domestic economic recovery have warmed up. However, during the overseas summer break, the actual consumption of downstream terminals has not yet rebounded significantly, and the purchasing sentiment is still cautious.

Rare earth market quotation in China: neodymium oxide, lanthanum oxide and dysprosium oxide prices are still in the downward trend when traders are hesitant to enter the market, the actual trading volume is low, and the market is bearish in the short term. 

Molybdenum market quotation in China: sodium molybdate, ammonium molybdate and ammonium heptamolvbdate prices drop on August 3, 2022 mainly due to the decrease in both the quantity and price of steel, the poor performance of the international molybdenum market, the large stock of molybdenum raw materials in stock and the slow growth rate of the global economy. 

Analysis of latest tungsten market from Chinatungsten Online

At the beginning of the week, China tungsten price edged higher with the support of costs of raw materials as well as the rised mentality of sellers. The enthusiasm of smelters and intermediate traders for bottoming and rebounding has increased, and resources at low levels in the market have decreased. Mainstream tungsten product offers have been raised.

Analysis of latest tungsten market from Chinatungsten Online

China tungsten price was in the upward trend overall in July 2022 mainly due to the significant cost pressure in the market under the background of high inflation. 

China’s lanthanum oxide price keeps stable while dysprosium oxide and praseodymium neodymium oxide prices increase slightly on August 1, 2022, mainly due to the lower-than-expected demand from downstream users and the slow growth rate of the global economy, which led to a slight lack of confidence in the short-term market. 

China molybdenum market was still weak at the beginning of the week. Under the influence of factors such as the import window of molybdenum raw materials has not been closed, most steel companies have cut production and stopped production due to falling into inversion and loss, and the Federal Reserve has raised interest rates to curb the rise in commodity prices, the quotations of molybdenum chemical companies have been basically lowered slightly.

Analysis of latest tungsten market from Chinatungsten Online

The tungsten powder and ammonium paratungstate (APT) prices are unchanged from the previous trading day due in part to the cautious sentient of market participants. 

Analysis of latest tungsten market from Chinatungsten Online

China ‘s ferro tungsten and tungsten carbide powder prices maintain stability on July 27, 2022 when the whole market is still in a stalemate. On the one hand, insiders have good consumer expectations for the recovery cycle of the domestic epidemic situation; on the other hand, there are concerns about manufacturing demand under the global high inflation and tight monetary measures. 

Analysis of latest tungsten market from Chinatungsten Online

China’s ammonium paratungstate (APT), tungsten powder and tungsten carbide powder prices are in the upward trend on July 26, 2022. Affected by environmental protection and high inflation, production costs increase and sellers have strong rised mentality.