Molybdenum market quotation in China: ammonium molybdate, sodium molybdate and ammonium heptamolvbdate prices remain weak on November 9, 2022. 

Analysis of latest tungsten market from Chinatungsten Online

At the beginning of the week, China tungsten price remained weak adjustment based on the current complicated and changeable situation of the economy, exchange rate, geography, and epidemic. 

Analysis of latest tungsten market from Chinatungsten Online

China tungsten price was still in the downward trend in the week ended on Friday, November 04, 2022 mainly due to continued weakness in the demand side. 

At the beginning of the week, the overall domestic rare earth market was still tepid, mainly reflected in the general market demand, the difficulty in rising and falling prices of mainstream light and heavy rare earth products, and the lack of confidence in the market outlook for the industry. Praseodymium oxide price declines slightly while dysprosium oxide price increases on November 7, 2022.

At the beginning of the week, China molybdenum price still remains at a relatively high level despite prices of sodium molybdate and molybdenum oxide decline slightly. 

Tungsten needle, also named tungsten pin, mainly refer to thin tungsten rod or thin tungsten rod with sharp tip. Their properties are basically the same, but uses are different. Mostly, their diameters are usually below 2mm and lengths range from 15mm to 100mm. 

Analysis of latest tungsten market from Chinatungsten Online

China’s ammonium paratungstate and tungsten carbide powder prices continue its weakness on November 3, 2022 because recent repeated epidemic in Zhengzhou and Fuzhou provinces have intensified the concerns of the industry about the restoration of the market economy.

This week, China rare earth market remained weak as a whole, mainly reflected in the weak trading atmosphere on the market, the continuous decline in the prices of praseodymium, neodymium, dysprosium and terbium products, few new orders and an unclear market outlook. 

This week, China molybdenum price showed a downward trend as a whole, and the decline was obvious, mainly due to the decrease in market demand and the gradual reduction of favorable factors. 

Analysis of latest tungsten market from Chinatungsten Online

China’s tungsten powder and tungsten bar prices continue to decline with the impact of low buying appetite of downstream, quiet market as well as the decline in guide prices for the first half of this month.