Analysis of latest tungsten market from Chinatungsten Online

At the beginning of the week, China tungsten price remained stable when the market continues to be in a stalemate.

Analysis of latest tungsten market from Chinatungsten Online

China tungsten price moved down slightly in the week ended on Friday March 10, 2023 greatly affected by the decline in new guide prices from association and tungsten companies for the first half of this month. 

Rare earth market quotation in China: praseodymium oxide, gadolinium oxide and holmium oxide prices continue to be weak on March 13, 2023 mainly due to the fact that magnetic material companies basically consumed inventories and most rare earth manufacturers released production capacity and basically returned to normal. 

At the beginning of the week, China molybdenum price still moved downward mainly due to the poor enthusiasm of downstream users for inquiry and purchase and the weak international molybdenum market. 

Analysis of latest tungsten market from Chinatungsten Online

The ferro tungsten and tungsten carbide powder prices in the Chinese market are unchanged from the previous trading day on March 9, 2023 as the market is in a stalemate with rare deals concluded. 

China rare earth prices have shown a downward trend in the week ended on Friday, March 10, 2023. 

China molybdenum price showed a downward trend in the week ended on Friday, March 10, 2023. 

Analysis of latest tungsten market from Chinatungsten Online

China’s ammonium paratungstate (APT) and tungsten powder prices remain weak adjustment on March 8, 2023 affected by the decline in new guide prices for the first half of this month. 

Analysis of latest tungsten market from Chinatungsten Online

China’s Ganzhou Tungsten Association (GTA) and listed tungsten companies lowered down their guide prices for the first half of March 2023, which weakened market confidence to some extent. 

Rare earth market quotation in China: erbium oxide, gadolinium oxide, praseodymium oxide and praseodymium neodymium oxide prices keep declining on March 8, 2023, mainly due to the fact that the problem of oversupply in the market still exists.