At the beginning of the week, China rare earth prices fluctuated in a narrow range as a whole. Affected by negative-positive factors, the trading atmosphere in the market was sluggish, and the mentality of light and heavy rare earth traders and permanent magnet material traders was slightly different.

Analysis of latest tungsten market from Chinatungsten Online

China’s ammonium paratungstate (APT) and tungsten powder prices are unchanged from the previous trading day in the middle of May 2023 when raw material suppliers are not willing to reduce their prices and downstream demand is sluggish. 

At the beginning of the week, China molybdenum market showed a stable and relatively strong pattern, mainly due to the low spot inventory in the market, the increased demand from downstream users and the rise in international molybdenum prices. 

Analysis of latest tungsten market from Chinatungsten Online

The tungsten carbide powder and ferro tungsten prices in the Chinese market are unchanged from the previous trading day on May 17, 2023 because the market continues to be deadlocked.