Analysis of latest tungsten market from Chinatungsten Online

China’s ammonium paratungstate (APT) and tungsten powder prices continue to keep firm at the beginning of February 2023. 

China rare earth market remained stable in the week ended on Friday February 3, 2023. 

The overall China’s domestic molybdenum market is relatively optimistic this week, mainly reflected in the general surge in prices of molybdenum products, downstream demand and actual transaction volume. 

Analysis of latest tungsten market from Chinatungsten Online

In January 2023, China tungsten price was in the upward trend on the whole with the impact of tight supply of raw materials as market participants were off duty for the holiday of the Lunar New Year. 

Analysis of latest tungsten market from Chinatungsten Online

China’s ammonium paratungstate (APT) and tungsten powder prices continue to keep firm in the last trading day in January 2023 as raw material manufacturers are active in trading despite smelters and downstream end users passively accept the high price. 

The overall situation of the China’s domestic rare earth market has improved slightly at the beginning of February 203. Under the influence of many uncertain factors, the transaction volume of the light and heavy rare earth market is sluggish and its trend is slightly different. 

The overall China’s domestic molybdenum market continues to be strong at the beginning of February 2023. Although the price of molybdenum products has risen sharply last month, some industry players have become more worried about the market outlook, and they mainly wait and see the market. 

Analysis of latest tungsten market from Chinatungsten Online

China tungsten market has made a steady start after the holiday of the Lunar New year. First, with the impact of the holiday, now the market resources are tight and thus suppliers continue to raise their offers. 

At the beginning of the week, China rare earth price continued to run smoothly as before the Spring Festival, mainly due to the fact that the Spring Festival holiday has just ended, and the upstream and downstream enterprises in the industrial chain have not yet fully resumed normal production and operation. 

Molybdenum market quotation in China: ferro molybdenum, ammonium molybdate, ammonium heptamolvbdate and other molybdenum raw materials prices increase after the holiday of the Lunar New Year.