Scrap Tungsten Prices Are Stable with Macroeconomic News Showing a Positive Trend

tungsten granule photo

Analysis of latest tungsten market from Chinatungsten Online

China tungsten prices remained stable, as industry participants reached a consensus on the tight supply of tungsten ore, relaxed tungsten smelting capacity, and the surplus in hard alloy supply. However, there is still disagreement over which side holds the pricing power, leading to a competitive market dynamic.

Read more: Scrap Tungsten Prices Are Stable with Macroeconomic News Showing a Positive Trend

The Tungsten Price Market Remained Stable in the First Trading Week after the National Day Holiday

tungsten alloy bars photo

Analysis of latest tungsten market from Chinatungsten Online

In the first trading week after the National Day holiday, the tungsten price market remained stable. 

Read more: The Tungsten Price Market Remained Stable in the First Trading Week after the National Day Holiday

Molybdenum Oxide Price - October 14, 2024

TZM alloy rods photo

At the start of the week, the domestic molybdenum market maintained a stable and slightly stronger trend, mainly due to steady downstream demand, increased steel tender prices, and strong support from production costs. 

Read more: Molybdenum Oxide Price - October 14, 2024

Praseodymium Oxide Price - October 14, 2024

neodymium oxide photo

At the start of the week, the domestic rare earth market remained stable. With limited downstream demand and suppliers being reluctant to significantly reduce prices, the trading atmosphere in the market has been relatively subdued, and order growth has been slow. 

Read more: Praseodymium Oxide Price - October 14, 2024

Consolidating China Tungsten Prices Amid Cautious Market Sentiment and Limited Demand Growth

tungsten copper parts photo

Analysis of latest tungsten market from Chinatungsten Online

China tungsten prices are consolidating, with recent fluctuations in the macroeconomic atmosphere and market sentiment having limited impact on the actual fundamentals. 

Read more: Consolidating China Tungsten Prices Amid Cautious Market Sentiment and Limited Demand Growth

 

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