Analysis of latest tungsten market from Chinatungsten Online

At the beginning of the week, China tungsten price maintained a stable trend. In terms of supply and demand, the recent high temperature and rainy weather in many places has led to a decrease in the supply of raw materials in the market and an increase in costs. 

Analysis of latest tungsten market from Chinatungsten Online

China tungsten price remained strong in the week ended on Friday, August 19, 2022 because high temperature aggravated the pressure of global energy shortage, which made the industry cost support rise.

Rare earth market quotation in China: praseodymium oxide, neodymium oxide and praseodymium neodymium oxide prices edge lower on August 22, 2022.

Molybdenum market quotation in China: ferro molybdenum, molybdenum powder and praseodymium neodymium oxide prices keep stable at the beginning of the week when the market is in a stalemate on the whole. 

Analysis of latest tungsten market from Chinatungsten Online

The ferro tungsten and tungsten carbide powder prices are unchanged from the previous trading day with the support of tight raw material supply and strong cost side. 

This week, China rare earth price showed a trend of continuous decline. Under the influence of many uncertain factors, the mentality of light and heavy rare earth traders is slightly different. 

This week, China molybdenum price fell slightly on the whole, mainly reflected on the price of molybdenum chemical products generally moved down, the actual transaction was limited, and the industry's concerns about the market outlook increased.

Analysis of latest tungsten market from Chinatungsten Online

China’s ammonium paratungstate (APT) and tungsten powder prices continue to be in the upward trend in the middle of August when most market participants have rised mentality despite of limited deals concluded in the market. 

Analysis of latest tungsten market from Chinatungsten Online

China’s ammonium paratungstate (APT) and tungsten powder prices remain strong on August 16, 2022 when the supply of raw materials is limited as the production capacity of mining and smelting enterprises has been restrained due to high temperature. 

Rare earth market quotation in China: DyFe, dysprosium oxide and praseodymium neodymium oxide prices continue to drop on August 17, 2022. Under the weak supply and demand, the buyer's market still has great advantages, mainly reflected in the fact that many suppliers are willing to sell at lower prices in order to realize cash.