Analysis of latest tungsten market from Chinatungsten Online

The overall tungsten price in China has shown a relatively weak trend in the week ended on Friday, November 10, 2023 mainly due to the lack of progress in the consumer market. 

At the beginning of the week, DyFe, praseodymium oxide, neodymium oxide and dysprosium oxide prices declined slightly, mainly due to weak downstream demand. 

At the beginning of the week, the overall focus of Chinese molybdenum prices slightly shifted downward, primarily due to increased price pressure from steel companies and the retracement of international molybdenum prices. 

Analysis of latest tungsten market from Chinatungsten Online

China’s ammonium paratungstate (APT) and tungsten powder prices remain stable due in part to sluggish demand, weak demand and limited deals concluded in the market. 

China rare earth market is relatively weak in the week ended on Friday, November 10, 2023. However, influenced by various uncertainties, the price trends of praseodymium and neodymium differ slightly from those of dysprosium and terbium. 

This week, China molybdenum price has continued to fluctuate significantly, showing an overall pattern of an initial rise followed by stability. 

Tungsten carbide copper plates (CuWC plates), often referred to as tungsten carbide copper alloys, have a variety of uses due to their unique combination of properties. Here are some common applications:

A tungsten carbide copper plate is a composite material made by sintering tungsten carbide blank plate infiltrate with copper. This results in a flat plate or sheet-like structure that combines the properties of tungsten carbide and copper. 

Tungsten carbide copper is a refractory tungsten-based composite obtained by the process of pressing, sintering, and infiltrating. The tungsten content ranges from 50% to 70% by weight. This strong material has good mechanical properties and is highly resistant to arc erosion in contact welding. It is mainly used in oil devices to protect the contact from oxidation.

Analysis of latest tungsten market from Chinatungsten Online

China tungsten price remains under pressure, with downward adjustments in quotes from institutions and large enterprises. The international situation and export environment show fluctuations and pressure, so the market maintains a weak and stable tone until favorable news on new demand and policies enter the market.