China Tungsten Price Continues to Show a Strong Trend in Early May 2024

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Analysis of latest tungsten market from Chinatungsten Online

China tungsten prices continue to show a strong trend, mainly driven by tight supply at the tungsten ore end. After the May Day holiday, major tungsten enterprises and hard alloy companies once again raised their long-term quotations and product prices, reflecting market cost pressures and triggering a new round of speculative sentiment.

Read more: China Tungsten Price Continues to Show a Strong Trend in Early May 2024

Holmium Oxide Prices – May 8, 2024

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Chinese rare earth market overall maintains a slightly strong trend on May 8, 2024. Although there are still a few products such as dysprosium iron alloy experiencing minor declines in price, many suppliers are unwilling to reduce prices and even tentatively raise their quotes. 

Read more: Holmium Oxide Prices – May 8, 2024

Tungsten Market Trends and Macroeconomic Insights: Analysis and Outlook for May 2024

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Analysis of latest tungsten market from Chinatungsten Online

1. Latest Tungsten Prices as of May 7, 2024

Read more: Tungsten Market Trends and Macroeconomic Insights: Analysis and Outlook for May 2024

Ammonium Molybdate Price – May 8, 2024

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The overall center of Chinese molybdenum prices continues to shift slightly upward, with the price of molybdenum concentrates rising by about 50 yuan per ton, the price of ferro molybdenum rising by about 2,000 yuan per ton, and the price of ammonium molybdate rising by about 2,000 yuan per ton.

Read more: Ammonium Molybdate Price – May 8, 2024

The Tungsten Price in China Continued Its Upward Trend in April 2024

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Analysis of latest tungsten market from Chinatungsten Online

In April 2024, the tungsten price in China continued its upward trend, driven mainly by the widening supply gap at the tungsten ore end. 

Read more: The Tungsten Price in China Continued Its Upward Trend in April 2024

 

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