China rare earth price kept falling in the week ended on Friday April 14, 2023. With the rapid growth of rare earth raw material spot inventory, the buyer’s market has a relatively large advantage, which has led to the decline in rare earth raw materials such as praseodymium, neodymium, terbium, gadolinium, dysprosium and their permanent magnets. Material prices have been falling, and the buying and selling atmosphere in the market is low.

Analysis of latest tungsten market from Chinatungsten Online

China’s ferro tungsten and tungsten carbide powder prices are unchanged from the previous trading day affected by the continued quiet market and low trading activity of the market participants. 

China molybdenum price showed a downward trend in the week ended on Friday April 14, 2023 mainly due to the slightly increased supply of molybdenum raw materials, the strong sentiment of downstream users to suppress prices, the lack of confidence of suppliers in stabilizing prices, and the unstoppable drop in overseas molybdenum prices. 

Analysis of latest tungsten market from Chinatungsten Online

China’s ammonium paratungstate (APT) and tungsten powder prices remained weak adjustment due to poor demand as well as the sufficient supply of raw materials.