Cut-resistant tungsten wire refers to tungsten wire specifically designed and utilized in the production of fabrics and materials that require high levels of cut resistance. Tungsten, known for its exceptional hardness and strength, is an ideal material for this purpose.

Analysis of latest tungsten market from Chinatungsten Online

China tungsten prices have generally plateaued, supported by tightening resources and improved market sentiment. However, weak demand has limited upward momentum, leading to continued stagnation in trading across the tungsten industry, with confidence in the market remaining divided.

Chinese rare earth price showed a trend of rising initially and then declining in the week ended on Friday, August 9, 2024. 

Chinese molybdenum price remained relatively stable in the week ended on Friday, August 9, 2024, with prices of major products showing little change and traders primarily maintaining transactions based on just-in-time needs. 

Analysis of latest tungsten market from Chinatungsten Online

The tungsten price is running steadily, and the Chinese market maintains a strong supply and weak demand trend. 

Analysis of latest tungsten market from Chinatungsten Online

China tungsten price continues to remain stable, and after two months of profit adjustments and risk clearing, the market has seen an increase in capital inflows recently, and the tungsten raw material market is becoming more robust. 

Analysis of latest tungsten market from Chinatungsten Online

China tungsten prices have shown a steady upward trend in the week ended on Friday, August 2, 2024. 

Analysis of latest tungsten market from Chinatungsten Online

China tungsten prices are steadily increasing, supported by tight supply and high prices from the tungsten ore side. 

The Chinese rare earth market has generally shown an upward trend, with prices of praseodymium-neodymium oxide and dysprosium oxide breaking through the thresholds of 370,000 CNY/ton and 1,700,000 CNY/ton, respectively.

The Chinese molybdenum market continues to exhibit a weak downward trend, with molybdenum concentrate and ferromolybdenum prices dropping by 20 CNY/ton and approximately 1,000 CNY/ton, respectively. Under these circumstances, traders are mostly adopting a cautious wait-and-see approach, resulting in a slow increase in market orders.