Analysis of latest tungsten market from Chinatungsten Online

China’s ammonium paratungstate (APT) and tungsten powder prices keep firm and stable on May 9, 2023 affected by low trading activity of market participants as well as the delay of stocking up of purchasers. 

The overall domestic molybdenum market presents a stable and weak pattern on May 10, 2023. Affected by the weakening support of favorable factors, the confidence of many suppliers in stabilizing prices is slightly insufficient. 

The overall Chinese rare earth market has improved slightly on May 10, 2023, mainly reflected in the tentative rise in the prices of many rare earth raw materials.

Analysis of latest tungsten market from Chinatungsten Online

At the beginning of the week, China tungsten price stabilizes overall when there are certain pressures in all links of the industrial chain, mainly due to the relative weakening of demand in the downstream terminal market.