Analysis of latest tungsten market from Chinatungsten Online

China’s ammonium paratungstate and tungsten carbide powder prices continue its weakness on November 3, 2022 because recent repeated epidemic in Zhengzhou and Fuzhou provinces have intensified the concerns of the industry about the restoration of the market economy.

This week, China rare earth market remained weak as a whole, mainly reflected in the weak trading atmosphere on the market, the continuous decline in the prices of praseodymium, neodymium, dysprosium and terbium products, few new orders and an unclear market outlook. 

This week, China molybdenum price showed a downward trend as a whole, and the decline was obvious, mainly due to the decrease in market demand and the gradual reduction of favorable factors. 

Analysis of latest tungsten market from Chinatungsten Online

China’s tungsten powder and tungsten bar prices continue to decline with the impact of low buying appetite of downstream, quiet market as well as the decline in guide prices for the first half of this month. 

Analysis of latest tungsten market from Chinatungsten Online

The ammonium paratungstate (APT) and tungsten carbide powder prices in the Chinese market remain weak in the first trading day in November 2022 with the impact of low trading activity, limited operating rate of producing enterprises and heavy wait-and-see atmosphere in the market. 

Rare earth market quotation in China: DyFe, dysprosium oxide and praseodymium neodymium metal prices continue to drop on November 2, 2022. 

Molybdenum market quotation in China: sodium molybdate, ammonium molybdate and ammonium heptamolvbdate prices continue to decline on November 2, 2022. 

Analysis of latest tungsten market from Chinatungsten Online

China tungsten price was in the downward trend in October 2022 mainly due to weak demand both at home and abroad. Prices of tungsten primary commodities dropped, the operating rates of smelting enterprises, powder and alloy enterprises declined, and market participants mainly destocked. 

Rare earth market quotation in China: terbium oxide, dysprosium oxide and praseodymium neodymium oxide prices are in the downward trend as traders are not active in trading and thus market trading is limited. 

Molybdenum market quotation in China: ferro molybdenum, molybdenum oxide and powder prices continue to decline in the first trading day in November, 2022 with the gradual reduction in positive factors.