Analysis of latest tungsten market from Chinatungsten Online

The ammonium metatungstate (APT) and tungsten powder prices in the Chinese market continue to stabilize. On the one hand, with the gradual resumption of mining enterprises and smelting factories, market supply increases and more traders consider profit-taking; 

China’s domestic molybdenum market remains quiet on the whole on Feb. 23, 2022. After a large-scale purchases and shipments in these two weeks, traders have slowed down their purchasing, and thus market price and orders show on increase. 

China’s domestic rare earth price is stable and firm on the whole on Feb. 23, 2022. Although the current price of rare earth raw materials is relatively high, downstream users maintain a cautious attitude in buying, and transactions are sparse, but it is still difficult to offset the strong quotation brought by many favorable factors to suppliers.

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