Tungsten Price Surge Challenges Smelters Amid Environmental Pressures and Economic Uncertainty

tungsten carbide mould image

Analysis of latest tungsten market from Chinatungsten Online

According to Chinatungsten Online, the current tungsten price surge can be traced back to mid-November last year. As of now, the price of tungsten concentrate has increased by nearly 16%, with an 8.7% rise since April. Currently, some holders are quoting 65% black tungsten concentrate at around $19,714.3/ton.

Read more: Tungsten Price Surge Challenges Smelters Amid Environmental Pressures and Economic Uncertainty

Light and Heavy Rare Earth Prices - April 26, 2024

erbium oxide image

This week, the overall prices of mainstream light and heavy rare earth products in the domestic market showed a trend of fluctuating upward. 

Read more: Light and Heavy Rare Earth Prices - April 26, 2024

China Tungsten Price Continues its Upward Trend in Late April 2024

tungsten trioxide image

Analysis of latest tungsten market from Chinatungsten Online

China tungsten price continues its upward trend, with the mainstream expectation before the May Day holiday being a robust market led by the tight supply and high demand for tungsten raw materials. Amidst severe pressure from backwardation, smelters are experiencing delayed deliveries due to reluctance to accept high prices, resulting in low trading volume in the market.

Read more: China Tungsten Price Continues its Upward Trend in Late April 2024

Chinese Molybdenum Prices - April 26, 2024

TZC piercing plugs image

This week, Chinese molybdenum prices showed a pattern of significant increase followed by a sharp decline. 

Read more: Chinese Molybdenum Prices - April 26, 2024

Rising Tungsten Prices Amid Supply Speculation

tungsten acid image

Analysis of latest tungsten market from Chinatungsten Online

Under the atmosphere of speculative price increases in the supply side, tungsten prices continue to rise steadily. 

Read more: Rising Tungsten Prices Amid Supply Speculation

 

WeChat