China Tungsten Price Continues to Remain Stable in Early August 2024

tungsten alloy rods image

Analysis of latest tungsten market from Chinatungsten Online

China tungsten price continues to remain stable, and after two months of profit adjustments and risk clearing, the market has seen an increase in capital inflows recently, and the tungsten raw material market is becoming more robust. 

Read more: China Tungsten Price Continues to Remain Stable in Early August 2024

China Tungsten Prices Have Shown a Steady Upward Trend in Early August 2024

tungsten alloy strips image

Analysis of latest tungsten market from Chinatungsten Online

China tungsten prices have shown a steady upward trend in the week ended on Friday, August 2, 2024. 

Read more: China Tungsten Prices Have Shown a Steady Upward Trend in Early August 2024

Chinese Rare Earth Market - August 2, 2024

neodymium oxide image

The Chinese rare earth market has generally shown an upward trend, with prices of praseodymium-neodymium oxide and dysprosium oxide breaking through the thresholds of 370,000 CNY/ton and 1,700,000 CNY/ton, respectively.

Read more: Chinese Rare Earth Market - August 2, 2024

China Tungsten Prices Are Steadily Increasing at the Beginning of August 2024

tungsten filaments image

Analysis of latest tungsten market from Chinatungsten Online

China tungsten prices are steadily increasing, supported by tight supply and high prices from the tungsten ore side. 

Read more: China Tungsten Prices Are Steadily Increasing at the Beginning of August 2024

Chinese Molybdenum Market - August 2, 2024

MoSi2 Heating Elements image

The Chinese molybdenum market continues to exhibit a weak downward trend, with molybdenum concentrate and ferromolybdenum prices dropping by 20 CNY/ton and approximately 1,000 CNY/ton, respectively. Under these circumstances, traders are mostly adopting a cautious wait-and-see approach, resulting in a slow increase in market orders.

Read more: Chinese Molybdenum Market - August 2, 2024

 

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