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

China tungsten prices remain primarily stable, with the market continuing its "neither rising nor falling" stalemate. Suppliers are reluctant to lower their quotes, while demand from the consumption side remains sluggish. As the year-end approaches, a cautious, wait-and-see sentiment dominates the market, leading to subdued overall trading activity.

Analysis of latest tungsten market from Chinatungsten Online

The tungsten market remains in a stalemate, with suppliers facing difficulty in pushing prices higher due to limited willingness to sell, while buyers adopt a cautious approach to pricing and inventory accumulation. 

Analysis of latest tungsten market from Chinatungsten Online

China’s tungsten powder and ammonium paratungstate (APT) prices hold steady when market transactions remain stagnant and quiet, with negotiation pressure slightly increasing. 

The domestic rare earth market is generally showing a downward trend across various products. 

Notably, praseodymium-neodymium (Pr-Nd) metal prices have decreased by approximately 3,000 RMB/ton; Neodymium oxide prices have fallen by about 4,000 RMB/ton; Terbium oxide prices have dropped by around 20 RMB/kg; Holmium oxide prices have declined by approximately 5,000 RMB/ton; Dysprosium alloy prices have decreased by about 10,000 RMB/ton.

The domestic molybdenum market remains stable, with increased enthusiasm among traders compared to last week, leading to a faster growth in orders. As of now, the total amount of molybdenum iron for steel procurement in December is approximately 8,200 tons.

Analysis of latest tungsten market from Chinatungsten Online

China tungsten prices held steady on Monday, with the market atmosphere remaining somewhat awkward. 

Analysis of latest tungsten market from Chinatungsten Online

Chinese tungsten market remains in a supply-demand stalemate with weak stability in the week ended on Friday, December 13, 2024. Limited resource availability from mines and low operating rates among tungsten chemical and powder enterprises reflect subdued alloy consumption. 

At the start of the week, the domestic Chinese rare earth market remained flat, primarily due to downstream and end-user clients sticking to demand-driven procurement. Meanwhile, strong production cost support and the promising growth prospects of rare earth-dependent industries, such as robotics and new energy vehicles, kept many suppliers reluctant to reduce prices for sales.

At the start of the week, the domestic Chinese molybdenum market maintained overall stability. 

Analysis of latest tungsten market from Chinatungsten Online

Tungsten prices remain in a stalemate with stable trends.

This week, Chinese rare earth market exhibited a generally weak trend, with slight differences in price movements between major light and heavy rare earth products. 

This week, Chinese molybdenum prices remained relatively stable with a slight downward trend. 

Analysis of latest tungsten market from Chinatungsten Online

Tungsten prices remain steady with little change. The supply of raw materials is limited, and downstream purchasing is insufficient. Market trading activity is low, with transactions occurring mainly based on demand.

Analysis of latest tungsten market from Chinatungsten Online

China tungsten prices are in a temporary state of stability, with recent market sentiment showing slight weakness and limited transaction activity. 

The domestic Chinese rare earth market is experiencing a downward trend:

The domestic Chinese molybdenum market continues to operate in a weakly stable state. With supply and demand relatively balanced, buyers and sellers exhibit low consistency in negotiations, leading to a strong wait-and-see atmosphere and limited room for price adjustments.

Analysis of latest tungsten market from Chinatungsten Online

China tungsten prices showed a sideways trend on Monday, supported by strong supply from the mining side. However, weak demand feedback from the alloy sector created divergent views on the future market direction. Market participants adopted a cautious approach, with both buyers and sellers holding back, resulting in generally modest transaction activity.