Analysis of latest tungsten market from Chinatungsten Online

The tungsten carbide powder and ferro tungsten prices continue to rise and APT price breaks through $312.9/mtu on April 27, 2023 mainly due to the strong rised mentality of tungsten raw material suppliers as well as the external speculation.

Analysis of latest tungsten market from Chinatungsten Online

China tungsten price maintains stable on February 20, 2024. On one hand, this is due to the lingering holiday atmosphere, with industry enterprises not yet fully resuming operations. 

Analysis of latest tungsten market from Chinatungsten Online

Tungsten prices in the Chinese market are exhibiting a weak stability trend, with the market fundamentals still locked in a stalemate. 

Analysis of latest tungsten market from Chinatungsten Online

On Monday, China tungsten prices remained stable. Last week, the major tungsten enterprises released their final annual long-term contract prices, primarily signaling market stabilization.

Chinese molybdenum prices have been fluctuating within a narrow range, with a subdued trading atmosphere and limited transaction volumes as traders show low enthusiasm for market operations. 

Analysis of latest tungsten market from Chinatungsten Online

Tungsten prices remain at high levels, with the market overshadowed by a strong holiday atmosphere. Overall production and business activities have decreased, and trading sentiment is subdued.

Analysis of latest tungsten market from Chinatungsten Online

Tungsten prices have risen again at the lunar year’s end, primarily due to tight supply in the tungsten ore sector, a condition expected to persist until after the Lantern Festival. Market sentiment may remain volatile through the National People’s Congress sessions. 

The Chinese rare earth market remained relatively calm, with low trading activity among merchants resulting in stable product prices and increasingly sluggish transactions.

Chinese molybdenum prices fluctuated within a reasonable range, while market transaction growth remained slow. 

Analysis of latest tungsten market from Chinatungsten Online

China tungsten prices remained steady on January 20, 2025. 

Analysis of latest tungsten market from Chinatungsten Online

China tungsten prices remained stable in the week ended on Friday, January 17, 2025, with market activity increasingly subdued and sentiment leaning towards cautious observation of both bullish and bearish factors. 

At the start of the week, domestic rare earth prices were largely stable, with minor declines in specific areas.

At the beginning of the week, the domestic molybdenum market remained stable, with prices holding steady. As the Lunar New Year approaches, traders have become less active in market operations, adopting a cautious wait-and-see attitude. This has resulted in little change in product prices and slow order growth.

Analysis of latest tungsten market from Chinatungsten Online

The tungsten market remains stable, with a "high price but low activity" trend seen before the holiday. The supply side supports a tight supply and high price outlook, while large-scale downstream procurement has not appeared, leading to an overall market stalemate.

This week, Chinese rare earth prices have shown an upward trend overall. 

The Chinese molybdenum market remains firm overall, with intense price negotiations between buyers and sellers. The contradiction between the difficulty of securing low-cost materials and the stagnant steel bidding prices has led to narrow price fluctuations and slow order growth.

Analysis of latest tungsten market from Chinatungsten Online

Tungsten prices remain generally stable as the dual weakness in supply and demand becomes more pronounced at the turn of the year. 

Analysis of latest tungsten market from Chinatungsten Online

Tungsten prices remain steady and firm as the Chinese New Year approaches. Reports of holiday shutdowns and maintenance at mines have tightened supply, providing strong market support. However, weak demand and cautious consumer sentiment have limited new orders, leading to a slowdown in overall market activity.

Chinese rare earth prices have continued to edge upward, with neodymium oxide prices increasing by approximately 4,000 yuan/ton, praseodymium-neodymium metal prices rising by about 1,000 yuan/ton, terbium oxide prices climbing by roughly 1,000 yuan/kg, and dysprosium oxide prices up by about 10,000 yuan/ton. 

The Chinese molybdenum market remains stable, with supply and demand relatively balanced and no significant positive developments in the market. Trading sentiment is somewhat stagnant, leading to average transaction levels. Market participants are focused on when the current stalemate might end.