Analysis of latest tungsten market from Chinatungsten Online

China tungsten price was in the upward trend overall in July 2022 mainly due to the significant cost pressure in the market under the background of high inflation. 

China’s lanthanum oxide price keeps stable while dysprosium oxide and praseodymium neodymium oxide prices increase slightly on August 1, 2022, mainly due to the lower-than-expected demand from downstream users and the slow growth rate of the global economy, which led to a slight lack of confidence in the short-term market. 

China molybdenum market was still weak at the beginning of the week. Under the influence of factors such as the import window of molybdenum raw materials has not been closed, most steel companies have cut production and stopped production due to falling into inversion and loss, and the Federal Reserve has raised interest rates to curb the rise in commodity prices, the quotations of molybdenum chemical companies have been basically lowered slightly.

Analysis of latest tungsten market from Chinatungsten Online

The tungsten powder and ammonium paratungstate (APT) prices are unchanged from the previous trading day due in part to the cautious sentient of market participants. 

Analysis of latest tungsten market from Chinatungsten Online

China ‘s ferro tungsten and tungsten carbide powder prices maintain stability on July 27, 2022 when the whole market is still in a stalemate. On the one hand, insiders have good consumer expectations for the recovery cycle of the domestic epidemic situation; on the other hand, there are concerns about manufacturing demand under the global high inflation and tight monetary measures. 

Transparent solar cells are expected to transform windows, greenhouses, and glass panels of smart devices into energy harvesting devices. A team of researchers from Tohoku University in Japan has created a nearly invisible solar cell using indium tin oxide (ITO) as a transparent electrode and tungsten disulfide (WS₂) as a photoactive layer.

Almonty Industries Inc. announced that its JORC 2012 compliant Inferred Mineral Resource Estimate (MRE) of molybdenum resource for the Almonty Korea Moly Project (AKM Project) is 21.48 million tonnes at 0.26% MoS₂ with a reporting cut-off of 0.19% at the existing Sangdong tungsten mine in Korea, which is currently under construction.

Analysis of latest tungsten market from Chinatungsten Online

China’s ammonium paratungstate (APT), tungsten powder and tungsten carbide powder prices are in the upward trend on July 26, 2022. Affected by environmental protection and high inflation, production costs increase and sellers have strong rised mentality. 

Rare earth market quotation in China: praseodymium neodymium oxide and metal prices edge higher while lanthanum oxide price is unchanged on July 27, 2022. 

Molybdenum market quotation in China: sodium molybdate, ammonium molybdate and molybdenum powder prices edge lower on July 27, 2022 due to the deadlocked market, limited deals and weak consumption.