Analysis of latest tungsten market from Chinatungsten Online

The tungsten powder and tungsten bar prices in the Chinese market are unchanged from the previous trading day as the supply and demand sides are still weak, and the uncertainty risks remain on the macro side. 

China molybdenum market is still weak on July 20, 2022. Under the influence of both the drop in the price and quantity of steel tenders and the continuous decline in the international price of molybdenum, many stockholders have little confidence in stabilizing the price. 

Rare earth market quotation in China: neodymium oxide and praseodymium neodymium metal prices edge lower while lanthanum oxide price remains unchanged on July 20, 2022. 

Analysis of latest tungsten market from Chinatungsten Online

At the beginning of the week, China tungsten price remains stable on the whole as the market is weak at both supply and demand sides. Affected by overseas uncertainties and the off-season effect of the market, spot transactions are low.