Analysis of latest tungsten market from Chinatungsten Online

China’s ammonium paratungstate (APT) and tungsten powder prices are unchanged from the previous trading day on January 4, 2023 despite raw material manufacturers still have strong rised mentality. 

Rare earth market quotation in China: praseodymium oxide, lanthanum oxide and dysprosium oxide prices remain strong in the new year of 2023, and sellers and buyers are in a stalemate under many instabilities. 

Analysis of latest tungsten market from Chinatungsten Online

China tungsten market stabilized in the first trading day of the year of 2023. On the one hand, traders have relatively good confidence in the recovery of the domestic economy, but the epidemic prevention and control has entered a new stage, and the stability of the market still encounters greater difficulties and challenges; on the other hand, overseas economic prospects are not yet clear.

Molybdenum market quotation in China: molybdenum powder, oxide and sodium molybdate prices continue to rise sharply in the new year of 2023. Under the support of positive factors, many suppliers still have a strong bullish sentiment of reluctance to sell, but affected by insufficient liquidity and rising awareness of profit-taking, a few suppliers still have relatively high shipments enthusiasm, so the market trading is active.