Analysis of latest tungsten market from Chinatungsten Online

The ammonium paratungstate (APT) and ferro tungsten prices both maintained stability in the midweek in China due to improving demand and suppliers holding back from selling amid the tightening availability of raw materaials and positive process seen in Sino-US trade talks in the last weekend. 

Rare earth market quotation in China: prices of terbium oxide and dysprosium oxide climbed slightly while praseodymium neodymium oxide price edged lower compared with last trading day. The demand for praseodymium and neodymium products is thin despite of raising willingness of sales of traders; dealers are more active in inquiry for dysprosium products and sellers try to increase prices. 

The latest prices of molybdenum concentrate, ammonium molybdate, ammonium heptamolvbdate and molybdenum oxide edged higher in the Chinese market in the midweek because quiet steel biddings weakened market confidence. 

According to foreign media reports, Dyze Design Company in Montreal, Canada, has developed a new type of tungsten carbide 3D printer nozzle, which has better performance and response speed than traditional nozzles, and its sales price has been announced recently.

Analysis of latest tungsten market from Chinatungsten Online

Tungsten prices in China maintained stability in the week began on Monday February 25 because buyers and sellers have different psychological prices for products. Therefore, the market is caught in wait-and-see atmosphere, with rare deals concluded. 

Rare earth market quotation in China: the latest prices of neodymium oxide, praseodymium neodymium oxide and praseodymium neodymium metal declined slightly. On the one hand, the supply and demand are still in a stalemate; on the other hand, downstream purchasers remain low buying interests. Given that, market trading would continue to be thin.