Analysis of latest tungsten market from Chinatungsten Online

The ferro tungsten and tungsten powder prices in China continue to tumble on weak consumer appetite. Most market participants hold a watchful stance, waiting for the new tungsten forecast prices and offers from institutions and listed companies. 

Neodymium oxide price in the Chinese market continue to climb while praseodymium oxide and dysprosium oxide prices are in the downward trend considering the continued spread of coronavirus and the risk of geopolitics. 

China molybdenum price is unchanged from the previous trading day affected by many uncertain factors. Both buyers and sellers hold cautious sentiment, resulting in rare transactions concluded. 

Analysis of latest tungsten market from Chinatungsten Online

The ferro tungsten and ammonium paratungstate (APT) prices in China maintained stability in the week ended on Friday July 3, 2020 in the wake of continued spread of coronavirus, the instability in the economy and demand under the geopolitical risks. 

Analysis of latest tungsten market from Chinatungsten Online

The tungsten price in China has held steady as a stalemate is setting in between buyers and sellers, and only changes in demand patterns are likely to break the deadlock.

Rare earth market quotation in China: neodymium oxide price declines slightly while dysprosium oxide and praseodymium neodymium metal prices climb in the week ended on Friday July 3, 2020. Most suppliers now lower their product offers with the support from the demand side. 

Molybdenum market quotation in China: molybdenum bar price remains unchanged from the previous trading day while ammonium molybdate and ammonium heptamolvbdate prices decline slightly due to the weak market. 

Analysis of latest tungsten market from Chinatungsten Online

Tungsten concentrate and ammonium paratungstate (APT) prices in China are expected to stabilize because market participants believe there is little room for price falls after witnessing steady declines in recent weeks.

Rare earth market quotation in China: the prices of terbium oxide, neodymium oxide and praseodymium neodymium oxide edge higher when the whole market has prices but not sales. 

Molybdenum market quotation in China: the prices of ferro molybdenum, molybdenum concentrate and molybdenum oxide decline slightly in early July, which promotes more downstream entering the market to consume.