Zhangyuan Tungsten Raised Long-term Contract Prices for the First half of April 2024

APT image

Analysis of latest tungsten market from Chinatungsten Online

China tungsten prices maintain a firm trend, with relatively tight supply in the market and limited demand-side benefits. The atmosphere of stagnant trading persists, and with the implementation of a new round of firm adjustments in long-term quotations by tungsten enterprises, the tungsten raw materials continue to drive the overall market trend of the industry chain, awaiting follow-up transactions at high levels.

Read more: Zhangyuan Tungsten Raised Long-term Contract Prices for the First half of April 2024

Recent Developments in the Chinese Tungsten Markets: Prices, News, and Outlook

APT image

Analysis of latest tungsten market from Chinatungsten Online

At the beginning of the week, Chinese tungsten market maintained a stable foundation supported by firm prices of tungsten raw materials. Recently, the announcement of long-term contract prices by tungsten enterprises and relatively positive macroeconomic news further supported the relatively high prices of tungsten products. 

Read more: Recent Developments in the Chinese Tungsten Markets: Prices, News, and Outlook

Molybdenum Powder Prices - April 3, 2024

TZM alloy rods image

Chinese molybdenum market continues to be under pressure overall, mainly due to strong price pressure from steel companies and limited room for concessions from molybdenum mining enterprises. 

Read more: Molybdenum Powder Prices - April 3, 2024

Gadolinium Oxide Prices - April 3, 2024

lanthanum oxide image

Prices of mainstream light and heavy rare earth products in China have generally increased. Specifically, praseodymium oxide has increased by approximately 7,000 yuan per ton, praseodymium-neodymium metal by approximately 8,000 yuan per ton, gadolinium oxide by approximately 2,000 yuan per ton, terbium oxide by approximately 100 yuan per kilogram, and dysprosium oxide by approximately 10,000 yuan per ton.

Read more: Gadolinium Oxide Prices - April 3, 2024

China Tungsten Prices Stabilized in the First Trading Day in April 2024

tungsten wire image

Analysis of latest tungsten market from Chinatungsten Online

At the beginning of the week, China tungsten prices stabilized temporarily, with some rigid demand present in the market. 

Read more: China Tungsten Prices Stabilized in the First Trading Day in April 2024

 

WeChat