Rare earth market quotation in China: dysprosium oxide, praseodymium neodymium oxide and praseodymium neodymium metal prices edge higher on December 21, 2022.

Analysis of latest tungsten market from Chinatungsten Online

At the beginning of the week, China tungsten price stabilizes as the market keeps quiet and replenishment of downstream end users is limited. With the adjustment of domestic epidemic prevention and control measures and the recovery of logistics transportation capacity, the market outlook consumption is expected to gradually pick up, which will give a certain boost to the market trading. 

China molybdenum price continues to hit record high on December 21, 2022, and with the weaker confidence of suppliers, the increase pace slows down. The current prices of molybdenum concentrate, ferromolybdenum and sodium molybdate are consolidating at 3,940 yuan/mtu and 268,000 yuan/ton and 175,000 yuan/ton, respectively. 

Analysis of latest tungsten market from Chinatungsten Online

China tungsten price was stable on the whole in the week ended on Friday December 16, 2022 when raw material manufacturers have rised mentality with Chinese government easing ‘Zero Covid’ restrictions.