Chinese Molybdenum Orice - February 23, 2024

ammonium molybdate image

After the first week following the holiday, Chinese molybdenum price overall presented a pattern of stability followed by an increase. This is mainly attributed to the high bullish sentiment among molybdenum mining companies, the concentrated procurement of ferro molybdenum by steel companies, and the fluctuation in international molybdenum prices. 

Read more: Chinese Molybdenum Orice - February 23, 2024

Zhangyuan Tungsten Raised Long-term Contract Prices for February 2024

tungsten acid image

Analysis of latest tungsten market from Chinatungsten Online

The tungsten powder and ammonium paratungstate (APT) prices in the Chinese market show stability with slight upward exploration. Firstly, this is based on the relatively favorable new round of long-term contract prices from large tungsten enterprises. 

Read more: Zhangyuan Tungsten Raised Long-term Contract Prices for February 2024

Praseodymium Oxide Prices - February 21, 2024

praseodymium oxide image

The overall operation of the domestic rare earth market is relatively weak, mainly manifested in the subdued market sentiment, continued decline in mainstream product prices, and fewer new orders. Today, the prices of praseodymium oxide, neodymium oxide, and terbium oxide have decreased by about 8,000 yuan/ton, 6,000 yuan/ton, and 50 yuan/kg, respectively.

Read more: Praseodymium Oxide Prices - February 21, 2024

China’s Xiamen Tungsten Increased APT Bid Price for February 2024

gold plated tungsten wire image

Analysis of latest tungsten market from Chinatungsten Online

China tungsten price maintains stable on February 20, 2024. On one hand, this is due to the lingering holiday atmosphere, with industry enterprises not yet fully resuming operations. 

Read more: China’s Xiamen Tungsten Increased APT Bid Price for February 2024

Ammonium Molybdate Prices - February 21, 2024

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Chinese molybdenum market operates good on February 21, 2024, with sellers holding a significant advantage in the market amid the interweaving of bullish and bearish factors, mainly reflected in the upward trend of many molybdenum product prices and reasonable transaction volumes. 

Read more: Ammonium Molybdate Prices - February 21, 2024

 

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