Analysis of latest tungsten market from Chinatungsten Online

The tungsten powder and ammonium paratungstate (APT) prices are unchanged from the previous trading day due to low trading activity in the market. The weakness in the demand side is forcing raw material manufacturers to reduce their offers.

Analysis of latest tungsten market from Chinatungsten Online

China tungsten market continues to be quiet on October 25, 2022 because the demand does not improve and market trading is under pressure. 

Rare earth market quotation in China: DyFe, dysprosium oxide and praseodymium neodymium oxide prices edge higher on October 26, 2022 mainly due to the slight improvement in downstream user demand and the limited increase in the supply of raw materials. However, due to the negative atmosphere in the market, many industry players still lack confidence in the market outlook.

Molybdenum market quotation in China: ferro molybdenum price declines slightly while molybdenum powder and oxide prices remain unchanged on October 26, 2022. 

Analysis of latest tungsten market from Chinatungsten Online

At the beginning of the week, China’s ammonium paratungstate (APT) and tungsten powder prices continue to be weak as the market still faces many instabilities both at home and abroad. 

Analysis of latest tungsten market from Chinatungsten Online

China tungsten price was in the downward trend in the week ended on Friday, October 21, 2022 because the consumer market kept quiet and long-term contract prices from listed tungsten companies also declined accordingly. 

Rare earth market quotation in China: dysprosium oxide, neodymium oxide and praseodymium oxide price are unchanged from last week on October 24, 2022 mainly due in part to low market trading.  

At the beginning of the week, China’s domestic molybdenum price maintained a high level as a whole. Under the circumstance that the international molybdenum price declined slightly and the purchase hesitancy of downstream users increased, the market was generally hot, and the transactions were mostly based on rigid demand. 

Analysis of latest tungsten market from Chinatungsten Online

China’s ammonium paratungstate (APT) and tungsten powder prices continue to be weak when the whole market remains quiet in the second half of this month. 

Analysis of latest tungsten market from Chinatungsten Online

China’s ferro tungsten and tungsten carbide powder prices are still in the downward trend on October 20, 2022. Recently, the tungsten market has not been affected by the strong molybdenum market and continues its weakness.