Analysis of latest tungsten market from Chinatungsten Online

China tungsten price was in the downward trend in the week ended on Friday, October 21, 2022 because the consumer market kept quiet and long-term contract prices from listed tungsten companies also declined accordingly. 

At the beginning of the week, China’s domestic molybdenum price maintained a high level as a whole. Under the circumstance that the international molybdenum price declined slightly and the purchase hesitancy of downstream users increased, the market was generally hot, and the transactions were mostly based on rigid demand. 

Rare earth market quotation in China: dysprosium oxide, neodymium oxide and praseodymium oxide price are unchanged from last week on October 24, 2022 mainly due in part to low market trading.  

Analysis of latest tungsten market from Chinatungsten Online

China’s ammonium paratungstate (APT) and tungsten powder prices continue to be weak when the whole market remains quiet in the second half of this month.