Molybdenum Product Prices – July 26, 2024

molybdenum rhenium blocks image

This week, the overall domestic molybdenum market has been generally stable. Although some molybdenum product prices have shown a downward adjustment due to low steel company bids, the reduction has been minor. This is mainly due to satisfactory downstream inquiries, strong production cost support, and limited market spot supply.

Read more: Molybdenum Product Prices – July 26, 2024

Ammonium Paratungstate (APT) Prices Stabilize as Market Trading Sentiment Remains Cautious

tungsten needles image

Analysis of latest tungsten market from Chinatungsten Online

China tungsten price exhibits a sideways consolidation pattern, with the market lacking clear momentum for a bottom rebound. 

Read more: Ammonium Paratungstate (APT) Prices Stabilize as Market Trading Sentiment Remains Cautious

Dysprosium Oxide Price - July 24, 2024

erbium oxide image

The domestic rare earth market has shown a pattern of rebound after excessive declines. Specifically, the price of praseodymium-neodymium oxide has increased by approximately 1,000 yuan/ton, terbium oxide by about 50 yuan/kg, and dysprosium oxide by around 20,000 yuan/ton. However, whether this price rebound will be short-lived remains to be seen, as current downstream demand still falls short of expectations.

Read more: Dysprosium Oxide Price - July 24, 2024

Tungsten Prices Show Weak Stability Amidst Stagnant Market Dynamics

tungsten wire image

Analysis of latest tungsten market from Chinatungsten Online

Tungsten prices in the Chinese market are exhibiting a weak stability trend, with the market fundamentals still locked in a stalemate. 

Read more: Tungsten Prices Show Weak Stability Amidst Stagnant Market Dynamics

Molybdenum Concentrate Prices - July 24, 2024

TZM rods

The domestic Chinese molybdenum market overall maintained a sideways consolidation. Amid fierce price negotiations between buyers and sellers, market trading activity was moderate, with product prices fluctuating within a narrow range and differing views on the market outlook among industry participants.

Read more: Molybdenum Concentrate Prices - July 24, 2024

 

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