Molybdenum Powder Price – May 22, 2024

MoSi2 Heating Elements image

Chinese molybdenum prices continue to show a clear upward trend, with the price of molybdenum concentrate increasing by approximately 110 yuan per mtu, molybdenum iron by approximately 5,000 yuan per ton, and molybdenum powder by approximately 5 yuan per kilogram. In this situation, industry players are particularly concerned about the receiving and bidding conditions of downstream users such as steel companies.

Read more: Molybdenum Powder Price – May 22, 2024

China Tungsten Price Remained Firm with the Increase in Long-term Contract Prices

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Analysis of latest tungsten market from Chinatungsten Online

At the beginning of the week, China tungsten prices remained firm, as the announcement of a new round of long-term contract prices from large tungsten enterprises once again boosted market sentiment. 

Read more: China Tungsten Price Remained Firm with the Increase in Long-term Contract Prices

Dysprosium Oxide Prices – May 20, 2024

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The overall situation in the Chinese rare earth market is relatively average, characterized by weak supply and demand, with both buyers and sellers largely maintaining just-in-time transactions, resulting in low market activity and slow order growth. 

Read more: Dysprosium Oxide Prices – May 20, 2024

Analysis of Current Trends and Challenges in the Tungsten Market

gold plated tungsten wire image

Analysis of latest tungsten market from Chinatungsten Online

China tungsten product prices continued to rise and the market atmosphere tended to be complex in the week ended on Friday, May 17, 2024. Tungsten ore suppliers have no trouble selling their stocks and only need to maintain their cash flow, as overall production capacity is also limited under environmental controls. 

Read more: Analysis of Current Trends and Challenges in the Tungsten Market

Molybdenum Prices – May 20, 2024

molybdenum foil image

At the beginning of the week, the overall Chinese molybdenum market maintained a consolidation pattern, mainly due to the strong reluctance of suppliers to sell and the basic maintenance of just-in-time purchases by downstream users. 

Read more: Molybdenum Prices – May 20, 2024

 

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