Analysis of latest tungsten market from Chinatungsten Online

China tungsten prices continue to stagnate in a sideways trading pattern, with market sentiment dominated by caution. Transaction volumes remain constrained.

The manufacturing process of strand tungsten filaments involves several key steps, each of which significantly influences the filament's final properties, such as its strength, conductivity, and heat resistance. Below is a typical process for manufacturing tungsten filaments and how each stage impacts the properties of the filaments:

The durability and longevity of strand tungsten filaments in high-temperature environments are influenced by several key factors that determine their ability to withstand extreme heat, mechanical stress, and chemical reactions. Below are the primary factors that contribute to the performance and lifespan of tungsten filaments in such conditions:

Analysis of latest tungsten market from Chinatungsten Online

China tungsten price is generally in a weak and stable deadlock stage, mainly due to increasing pressure on the demand side, which is exacerbating, and the recent rise in supply-side profit-taking, 

Chinese rare earth prices remain stable in certain segments, with slight declines in others. Prices for gadolinium oxide, terbium oxide, and holmium oxide have dropped by approximately 4,000 RMB/ton, 40 RMB/kg, and 20,000 RMB/ton, respectively.

The domestic molybdenum market continues to exhibit a weak downward trend, 

Analysis of latest tungsten market from Chinatungsten Online

At the beginning of December 2024, China tungsten prices remained stable amidst a standoff between various market forces. 

Analysis of latest tungsten market from Chinatungsten Online

In November 2024, the overall market trend in China's tungsten sector showed a steady yet slightly stronger momentum. However, the supply-demand balance was not ideal, with market transactions remaining relatively stagnant and resource liquidity being poor.

At the beginning of the week, the domestic Chinese rare earth market showed average performance. Factors such as downstream users mainly maintaining just-in-time purchasing and strong production cost support led suppliers to generally keep stable prices. 

At the beginning of the week, the domestic Chinese molybdenum market generally maintained a sideways trend. This was mainly due to the weaker performance of steel tender volumes and prices, as well as the strong reluctance of molybdenum mine companies to sell at lower prices.