Chinese molybdenum price has generally maintained a sideways consolidation trend on October 7, 2023 after the holiday of National Day. This is primarily attributed to the fluctuating international molybdenum prices during the National Day holiday period and the fact that domestic traders have not yet returned to their normal trading activities on the first day after the holiday. 

Analysis of latest tungsten market from Chinatungsten Online

China’s ferro tungsten and tungsten powder prices continue to stable as the double holidays approach, with market trading becoming quieter.

Analysis of latest tungsten market from Chinatungsten Online

China’s ammonium paratungstate (APT) and tungsten powder prices remain stable in the second half of September 2023 as market participants adopt a watchful stance before the upcoming holiday season. 

The domestic Chinese rare earth market is relatively stable, with a balanced supply and demand situation onn September 27, 2023. Prices for light and heavy rare earth raw materials, neodymium iron boron (NdFeB) semi-finished products, and their waste materials are running steadily, with few new orders. 

The overall domestic molybdenum prices continue to remain in a downward trend. This is mainly attributed to the weakening of market-supporting factors and the increasing negative factors, leading to a decline in the confidence of suppliers to maintain stable prices. 

Analysis of latest tungsten market from Chinatungsten Online

At the beginning of the week, China tungsten price remained relatively stable, with the market showing mixed sentiments and a predominant supply-demand dynamic. 

Analysis of latest tungsten market from Chinatungsten Online

China tungsten price has generally shown a stable to slightly weaker trend in the week ended on Friday, September 22, 2023, primarily due to the lower-than-expected demand in the market, affecting the confidence of market participants and putting pressure on negotiations. 

At the beginning of the week, domestic rare earth prices in China remained stable in some areas with a few minor increases. 

At the beginning of the week, domestic molybdenum prices in China continued to show a downward trend overall. This is mainly attributed to the previous rise in molybdenum product prices, recent market demand falling short of expectations, and the lack of confidence in stabilization by many suppliers.

Silver tungsten alloy, a composite material composed of silver (Ag) and tungsten (W), is used in various industrial applications due to its unique combination of properties. Here are some common uses for this alloy: