Analysis of latest tungsten market from Chinatungsten Online

The ammonium paratungstate (APT) and tungsten powder prices in the Chinese market continue to maintain stability on March 2, 2023 when the market is caught in wait-and-see atmosphere with rare deals concluded. 

Analysis of latest tungsten market from Chinatungsten Online

In February 2023, China tungsten market generally showed a trend of rising first, then falling, and then maintaining stability, and the volatility of the market was relatively narrow.

Rare earth market quotation in China: praseodymium oxide, neodymium oxide, terbium oxide and erbium oxide prices keep declining on March 2, 2023 mainly due to the lower than expected enthusiasm for inquiries and purchases from downstream users and the rapid growth of spot stocks of rare earth raw materials. 

China’s molybdenum market starts to be weak in early March 2023. With the gradual weakening of positive support, the negative atmosphere in the market has increased slightly, which is mainly reflected in the decline in the prices of many molybdenum products and the weak atmosphere in the market for buying and selling. 

Analysis of latest tungsten market from Chinatungsten Online

China’s ammonium paratungstate (APT) and tungsten powder prices are unchanged from the previous trading day because the market continues to keep quiet with low trading activity. 

Analysis of latest tungsten market from Chinatungsten Online

At the beginning of the week, China tungsten price maintains stability because the market keeps quiet with cautious trading sentiment.  

A tungsten heater is an electric heating element made of tungsten metal, which is known for its high melting point and excellent thermal and electrical properties. The heaters made of tungsten metal are commonly used in high temperature applications that require stable and consistent heating, such as furnaces, heat processing, and vacuum environments.

Analysis of latest tungsten market from Chinatungsten Online

China tungsten price was weak in the week ended on Friday February 24, 2023 because end users remained low buying appetite and sellers still had rised mentality. The market was in a stalemate on the whole. 

Rare earth market quotation in China: neodymium oxide, dysprosium oxide and DyFe alloy prices continue to decline on February 27, 2023 while other products prices remain stable. 

At the beginning of the week, China’s domestic molybdenum market was still weak. The price of sodium molybdate, ammonium molybdate and ammonium heptamolvbdate prices decline slightly.