Analysis of latest tungsten market from Chinatungsten Online

China tungsten price maintained stability in early September after a slight decline in the second half of August with the support of the cost side. As the demand continued its weakness, the market is expected to stabilize before the holiday of Mid-Autumn Festival. 

At the beginning of the week, the overall focus of domestic rare earth prices still fell slightly, mainly due to the lower-than-expected consumption capacity of downstream users, the slightly looser spot supply of rare earth raw materials, the high level of panic among traders, and the slow growth of the global economy. 

At the beginning of the week, China molybdenum price remains unchanged when the whole market is quiet. In the case of low downstream demand and low spot inventory of molybdenum raw materials, suppliers basically maintained firm quotations. 

Analysis of latest tungsten market from Chinatungsten Online

Ferro tungsten and tungsten carbide powder prices in the Chinese market remain stable on September 1, 2022. The impact of repeated epidemic and the pressure of power shortage under high temperature on the terminal demand and supply chain is gradually easing, and insiders expect that the demand may recover soon. 

Analysis of latest tungsten market from Chinatungsten Online

China tungsten price was in the upward trend in August 2022 on the whole. But affected by the continued weakness in the demand side, trading activity was low and the market tended to be in a stalemate at the end of this month. 

Rare earth market quotation in China: praseodymium oxide, lanthanum oxide and dysprosium oxide prices continue to decline in the first trading day in September 2022. 

Molybdenum market quotation in China: sodium molybdate, ammonium molybdate and ammonium heptamolvbdate prices edge higher in the first trading day in September 2022. 

Analysis of latest tungsten market from Chinatungsten Online

China’s ammonium paratungstate (APT) and tungsten carbide powder prices remain weak adjustment on August 30, 2022 mainly affected by the sluggish demand both at home and abroad.

Analysis of latest tungsten market from Chinatungsten Online

At the beginning of the week, China tungsten price declined slightly mainly due to the continued sluggish demand as well as profit-taking mentality of raw material suppliers. 

Analysis of latest tungsten market from Chinatungsten Online

China tungsten price kept stable on the whole in the week ended on Friday, August 26, 2022 because of continued low demand from downstream industries against high temperature and off season.