Chinese Tungsten Market Had a Strong Start in January 2024

tungsten trioxide image

Analysis of latest tungsten market from Chinatungsten Online

In January 2024, the Chinese tungsten market achieved a good start, mainly due to suppliers on the tungsten raw material side showing a willingness to support and explore price increases before the Chinese New Year, leading to a relatively tight market resource supply around the festival. 

Read more: Chinese Tungsten Market Had a Strong Start in January 2024

China’s APT Prices Stabilize with the Coming of Spring Festival

tungsten trioxide image

Analysis of latest tungsten market from Chinatungsten Online

Chinese tungsten price is showing a stable and robust trend, with a predominant willingness to support and explore price increases on the raw material side. 

Read more: China’s APT Prices Stabilize with the Coming of Spring Festival

Molybdenum Product Prices - January 31, 2024

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The Chinese molybdenum market is generally stable, with product prices mainly influenced by supply and demand dynamics. With suppliers not in a hurry to sell and buyers maintaining basic demand consumption, the market activity is moderate, and molybdenum product prices have shown no significant changes.

Read more: Molybdenum Product Prices - January 31, 2024

Praseodymium-neodymium Oxide Price - January 31, 2024

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Chinese rare earth market continues to maintain a sideways trend. With weak supply and demand, the consensus between buyers and sellers is low. As a result, market activity is not high, and product prices are difficult to rise or fall.

Read more: Praseodymium-neodymium Oxide Price - January 31, 2024

China’s APT and Tungsten Powder Prices Stabilized at the end of January 2024

tungsten powder image

Analysis of latest tungsten market from Chinatungsten Online

At the beginning of the week, China tungsten price stabilized, and the market became increasingly festive. The overall market showed resilience against declines, but the actual trading atmosphere was subdued. 

Read more: China’s APT and Tungsten Powder Prices Stabilized at the end of January 2024

 

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