Analysis of latest tungsten market from Chinatungsten Online

Tungsten prices remain stable, with recent pricing power slightly favoring sellers. However, buyer acceptance is insufficient, and high-level transactions are relatively sluggish.

Analysis of latest tungsten market from Chinatungsten Online

China tungsten prices have maintained a stable position, primarily supported by a firm stance on the tungsten mine side. However, downstream end-users remain cautious in their purchasing activities due to demand pressure and concerns over high prices, resulting in limited market activity and sluggish actual transactions.

The domestic rare earth market continues to show a "price but no market" pattern. 

Chinese molybdenum market continues to show a stalemate pattern. With supply and demand relatively balanced and macroeconomic optimism gradually being absorbed, traders are largely adopting a cautious wait-and-see approach. This has resulted in low market activity and limited transaction volumes.

Analysis of latest tungsten market from Chinatungsten Online

China tungsten prices remained stable with a watchful stance on November 11, 2024.

Analysis of latest tungsten market from Chinatungsten Online

China tungsten price showed a firm upward trend in the week ended on Friday, November 8, 2024, driven by tight supply conditions. 

At the beginning of the week, the domestic rare earth market continued to operate steadily. 

At the beginning of the week, the domestic molybdenum market continued to display a stalemate, with neither a clear upward nor downward trend. 

Strand tungsten filaments are critical components in various high-temperature and precision applications in modern technology. 

A strand tungsten filament is a thin, flexible wire made from tungsten, a chemical element known for its exceptional strength, high melting point, and resistance to heat. Tungsten, with an atomic number of 74, has the highest melting point of any metal—over 3,400°C (6,150°F)—making it ideal for use in applications where high temperatures are encountered.