Analysis of latest tungsten market from Chinatungsten Online

China’s ammonium paratungstate (APT), tungsten powder and tungsten carbide powder prices are in the upward trend on July 26, 2022. Affected by environmental protection and high inflation, production costs increase and sellers have strong rised mentality. 

Rare earth market quotation in China: praseodymium neodymium oxide and metal prices edge higher while lanthanum oxide price is unchanged on July 27, 2022. 

Molybdenum market quotation in China: sodium molybdate, ammonium molybdate and molybdenum powder prices edge lower on July 27, 2022 due to the deadlocked market, limited deals and weak consumption. 

Analysis of latest tungsten market from Chinatungsten Online

At the beginning of the week, China tungsten price maintains stability as market participants kept cautious sentiment. On the one hand, the cost of raw material smelting remains relatively high under the background of high inflation; on the other hand, market consumption is weak in the high-temperature weather and off season. 

Canada’s tungsten operator Almonty Industries Inc. (AII) plans to produce top tungsten production outside of China, and the company is now steadily advancing production and is expected to become major tungsten producer within the next few years.

A team of researchers from the University of California, Texas A&M University, Lawrence Livermore National Laboratory (LLNL), and Oak Ridge National Laboratory (ORNL) has published a review of the use of additive manufacturing of refractory tungsten and tungsten alloys in the journal Additive Manufacturing.

Analysis of latest tungsten market from Chinatungsten Online

China’s tungsten powder and ammonium metatungstate (APT) prices kept stable on the whole in the week ended on Friday, July 22, 2022 and the market was boosted by the increase in new guide prices from the second half of July. 

At the beginning of the week, China rare earth market showed a weak supply and demand situation, mainly due to the increased difficulty of rare earth mining enterprises, the reduction of domestic and foreign market demand, and the low enthusiasm of traders to enter the market. 

At the beginning of the week, the overall focus of domestic molybdenum prices still moved down significantly, mainly due to the sharp drop in international molybdenum prices, the increase in domestic imports of molybdenum raw materials and the decline in steel prices. 

Analysis of latest tungsten market from Chinatungsten Online

China tungsten price is in the upward trend on the whole affected by the rise in the new guide prices released by listed tungsten companies. Market confidence was boosted and trading became active.