Analysis of latest tungsten market from ChinaTungsten Online

Chinese tungsten prices came under pressure earlier in this week because of weak buying interest, with exporters of ammonium paratungstate (APT) and ferro-tungsten adjusting their offers downward.

The molybdenum oxide and alloy markets in China stabilized on different mentalities of buyers and sellers and low spot trading activity. The supply in the tungsten concentrate market is limited by Chinese environmental protection, supporting sellers’ offer levels. 

Rare earth market quotation in China: domestic rare earth price continues its stability in midweek November 21. The supply of tungsten ores is tight and rare earth prices are high under Chinese environmental protection inspection. A recovery in demand is boosted, but favorable news in the market keep quiet, so market prices are expected to keep stable in the short term. 

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