Analysis of latest tungsten market from Chinatungsten Online

China tungsten price continues to remain firm, with cautious sentiment towards chasing highs. 

Chinese rare earth prices are generally fluctuating within a narrow range, mainly due to limited room for price concessions from suppliers and increasing pressure from buyers to lower prices. 

Chinese molybdenum price maintains a stable and slightly strong trend, with a relatively balanced supply-demand relationship. However, discussions between buyers and sellers are somewhat stagnant, mainly due to weak price concessions from suppliers and low willingness from buyers to accept high prices, resulting in moderate market activity.

Analysis of latest tungsten market from Chinatungsten Online

At the beginning of the week, tungsten market prices remained firm, with modest support from market demand but ongoing speculative sentiment on the cost side. Coupled with some essential orders, the tungsten product price market remained robust.

The electrical conductivity properties of tungsten copper alloys play a crucial role in determining their performance in heat sink applications. They are renowned for their excellent thermal conductivity, but their electrical conductivity characteristics also contribute significantly to their effectiveness in dissipating heat from electronic components.

The longevity of tungsten copper heat sinks is influenced by several key factors, each playing a crucial role in determining the performance and durability of these essential components in thermal management systems.

Analysis of latest tungsten market from Chinatungsten Online

Based on Chinatungsten Online's nearly 30 years of immersion in the tungsten market, at the beginning of the year, we predicted that tungsten product prices in the first quarter of 2024 would show a slight upward trend, with APT prices expected to range between $298.6/mtu to $305.1/mtu. 

At the beginning of the week, the overall domestic rare earth market continued to show a pattern of stability with a slight upward trend. This was driven by increased inquiries and purchases from downstream users, a slowdown in the release of production capacity by some manufacturers, and the continuous emergence of positive market news, prompting many suppliers to continuously raise their prices. 

At the beginning of the week, Chinese molybdenum market showed a tendency towards weakness. This was primarily reflected in the increasing atmosphere of caution in the market and the varying degrees of decline in the prices of most molybdenum products. 

Analysis of latest tungsten market from Chinatungsten Online

China tungsten price maintains a strong trend on April 11, 2024.