At the beginning of the week, China molybdenum price remains strong as last week. During the traditional peak season, steel companies are basically willing to enter the market to bid for ferromolybdenum. 

Analysis of latest tungsten market from Chinatungsten Online

The ferro tungsten and tungsten carbide powder prices in the Chinese market remain weak adjustment because uncertain factors such as the epidemic, geopolitical conflicts, and inflation still put pressure on back-end industrial consumption and affect the focus of tungsten product prices.

Analysis of latest tungsten market from Chinatungsten Online

China’s ammonium paratungstate (APT) and tungsten carbide powder prices continue to be stable on September 14, 2022 as the whole market keeps quiet and market participants mainly remain cautious sentiment. 

Rare earth market quotation in China: praseodymium oxide and neodymium oxide prices increase slightly while cerium oxide price remains unchanged on Sep. 15, 2022.

Molybdenum market quotation in China: ferro molybdenum, molybdenum powder and oxide prices rise on Sep. 15, 2022 under the combined effect of the low inventory of molybdenum raw materials, the increase in price and quantity of steel tender and good mentality of stockholders, which in turn drives the recovery of the international molybdenum market. 

Analysis of latest tungsten market from Chinatungsten Online

China tungsten price continues its stability after the holiday of Mid-Autumn Festival as the market outlook remains uncertain. On the one hand, sellers are reluctant to cut profits given the pressure of high costs; on the other hand, due to weak demand, purchasers mainly take a watchful stance. 

Analysis of latest tungsten market from Chinatungsten Online

China tungsten price remained weak adjustment in the week ended on Friday, September 09, 2022 as the whole market was in a stalemate before the Mid-Autumn Festival. 

Rare earth market quotation in China: praseodymium neodymium oxide and metal prices rose slightly while other products remained stable after the holiday of Mid-autumn Festival.

China molybdenum price continued the positive trend of last week after the holiday of Mid-Autumn Festival. 

Tungsten is the most widely used refractory metal with up to 3410℃ melting point. It also has good electrical and thermal conductivity under the conditions of low thermal expansion, low vapor pressure and high temperature, so tungsten is widely used to make filaments of various incandescent lamps and tungsten halogen lamps and electrodes of gas discharge lamps.