As an electrical contact material, tungsten copper alloy (WCu alloy) has excellent electrical conductivity, wear resistance, corrosion resistance, thermal expansion matching, high strength and pressure resistance, and high temperature stability. These properties make it an ideal material for electrical contacts and is widely used in many electrical devices.

Analysis of latest tungsten market from Chinatungsten Online

China’s ammonium paratungstate (APT) and tungsten powder prices continue to be stable on June 29, 2023 when the pace of economic recovery is lower than expected. 

Analysis of latest tungsten market from Chinatungsten Online

China’s ferro tungsten and tungsten carbide powder prices stabilize at the time being affected by the low buying appetite of market participants. In the short term, the attitude of raw material manufacturers as well as the actual demand are the key factors for the outlook market. 

Analysis of latest tungsten market from Chinatungsten Online

The ammonium paratungstate (APT) and tungsten powder prices remain weak adjustment in the Chinese market affected by the tepid demand in the market. 

Rare earth market quotation in China: praseodymium neodymium oxide price declines slightly while terbium oxide and dysprosium oxide prices edge higher on June 28, 2023. The mood of traders entering the market is not high, and the growth rate of orders is slow.

Molybdenum market quotation in China: sodium molybdate, ammonium molybdate and ammonium heptamolvbdate prices remain at a relatively high level on June 28, 2023 under the impact of negative and positive factors. 

Analysis of latest tungsten market from Chinatungsten Online

At the beginning of the week, China tungsten price remains in a stalemate due to the sluggish market. Affected by the hot and rainy weather across the country, the weak supply and demand in the market will become more prominent. 

Analysis of latest tungsten market from Chinatungsten Online

China tungsten market was weak in the first trading day after the holiday of Dragon Boat Festival affected by the decline in new guide prices from listed tungsten companies for the second half of June 2023. 

Rare earth market quotation in China: lanthanum oxide, europium oxide, terbium oxide and erbium oxide prices remain unchanged on June 26, 2023 mainly due to the low willingness of suppliers to make price concessions, and the low enthusiasm of downstream users for inquiries and purchases.

At the beginning of the week, China’s ferro molybdenum, molybdenum powder and oxide prices remain unchanged on June 26, 2023. Inquiries from downstream users are acceptable, most suppliers have strong confidence in raising prices, and the actual transaction volume increases.