This week, China rare earth prices fell first and then rose. At the beginning of the week, due to the slightly increased supply of rare earth raw materials, the strong sentiment of downstream users to suppress prices and the weak demand, the prices of praseodymium, neodymium, dysprosium, terbium and NdFeB roughs fell. 

Analysis of latest tungsten market from Chinatungsten Online

China’s ammonium paratungstate (APT) and tungsten powder prices edge higher on April 19, 2023 with the support from the raw material side. 

This week, China molybdenum market showed a pattern of first decline and then rise. Affected by the limited rise in steel prices and the strong sentiment of steel companies to suppress prices at the beginning of the week, the overall center of gravity of molybdenum product prices still moved down slightly.

Analysis of latest tungsten market from Chinatungsten Online

China tungsten price has ended its downward trend and started to increase in the week began on Monday April 18, 2023 due to the following reasons: