Analysis of latest tungsten market from Chinatungsten Online

At the beginning of the week, Chinese tungsten prices showed a temporary stable trend, with a lack of enthusiasm in the market. On one hand, the mining side maintained a supportive stance, stabilizing the market at the bottom. On the other hand, the demand for downstream alloys and their products remained relatively weak, affecting the operating load of enterprises. 

The overall rare earth market in China is maintaining stable operations. This is primarily evident in traders maintaining relatively rigid transactions, no significant changes in rare earth raw material and permanent magnetic material prices, and a moderate increase in order speed.

The overall trend of domestic Chinese molybdenum prices is in the downward trend on November 14, 2023. 

Analysis of latest tungsten market from Chinatungsten Online

The overall tungsten price in China has shown a relatively weak trend in the week ended on Friday, November 10, 2023 mainly due to the lack of progress in the consumer market. 

At the beginning of the week, DyFe, praseodymium oxide, neodymium oxide and dysprosium oxide prices declined slightly, mainly due to weak downstream demand. 

At the beginning of the week, the overall focus of Chinese molybdenum prices slightly shifted downward, primarily due to increased price pressure from steel companies and the retracement of international molybdenum prices. 

Analysis of latest tungsten market from Chinatungsten Online

China’s ammonium paratungstate (APT) and tungsten powder prices remain stable due in part to sluggish demand, weak demand and limited deals concluded in the market. 

China rare earth market is relatively weak in the week ended on Friday, November 10, 2023. However, influenced by various uncertainties, the price trends of praseodymium and neodymium differ slightly from those of dysprosium and terbium. 

This week, China molybdenum price has continued to fluctuate significantly, showing an overall pattern of an initial rise followed by stability. 

Tungsten carbide copper plates (CuWC plates), often referred to as tungsten carbide copper alloys, have a variety of uses due to their unique combination of properties. Here are some common applications: