China Tungsten Prices Remain Primarily Stable with Quiet Market

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Analysis of latest tungsten market from Chinatungsten Online

China tungsten prices remain primarily stable, with the market continuing its "neither rising nor falling" stalemate. Suppliers are reluctant to lower their quotes, while demand from the consumption side remains sluggish. As the year-end approaches, a cautious, wait-and-see sentiment dominates the market, leading to subdued overall trading activity.

Read more: China Tungsten Prices Remain Primarily Stable with Quiet Market

Scrap Tungsten Prices Remain Stable in the Middle of December 2024

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Analysis of latest tungsten market from Chinatungsten Online

The tungsten market remains in a stalemate, with suppliers facing difficulty in pushing prices higher due to limited willingness to sell, while buyers adopt a cautious approach to pricing and inventory accumulation. 

Read more: Scrap Tungsten Prices Remain Stable in the Middle of December 2024

Neodymium Oxide Prices - December 18, 2024

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The domestic rare earth market is generally showing a downward trend across various products. 

Notably, praseodymium-neodymium (Pr-Nd) metal prices have decreased by approximately 3,000 RMB/ton; Neodymium oxide prices have fallen by about 4,000 RMB/ton; Terbium oxide prices have dropped by around 20 RMB/kg; Holmium oxide prices have declined by approximately 5,000 RMB/ton; Dysprosium alloy prices have decreased by about 10,000 RMB/ton.

Read more: Neodymium Oxide Prices - December 18, 2024

China’s Tungsten Powder Prices Hold Steady Affected by Quiet Market

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Analysis of latest tungsten market from Chinatungsten Online

China’s tungsten powder and ammonium paratungstate (APT) prices hold steady when market transactions remain stagnant and quiet, with negotiation pressure slightly increasing. 

Read more: China’s Tungsten Powder Prices Hold Steady Affected by Quiet Market

Molybdenum Market Overview on December 18, 2024

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The domestic molybdenum market remains stable, with increased enthusiasm among traders compared to last week, leading to a faster growth in orders. As of now, the total amount of molybdenum iron for steel procurement in December is approximately 8,200 tons.

Read more: Molybdenum Market Overview on December 18, 2024

 

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