Analysis of latest tungsten market from Chinatungsten Online

China’s tungsten powder and tungsten carbide powder prices are unchanged from the previous trading day on March 15, 2023 because the market is caught in heavy wait-and-see atmosphere. 

Analysis of latest tungsten market from Chinatungsten Online

China’s ammonium paratungstate (APT) and tungsten powder prices are weak in the middle of March 2023 as market participants are taking a watchful stance and the whole market trading is low. 

China’s domestic rare earth market as a whole showed a general decline trend on March 15, 2023. 

China’s overall domestic molybdenum market is still showing a fluctuating and downward trend. Under the mutual influence of many positive and negative factors, buyers’ consumption is slightly more exhausted than before and after the Spring Festival. 

Analysis of latest tungsten market from Chinatungsten Online

At the beginning of the week, China tungsten price remained stable when the market continues to be in a stalemate.

Analysis of latest tungsten market from Chinatungsten Online

China tungsten price moved down slightly in the week ended on Friday March 10, 2023 greatly affected by the decline in new guide prices from association and tungsten companies for the first half of this month. 

Rare earth market quotation in China: praseodymium oxide, gadolinium oxide and holmium oxide prices continue to be weak on March 13, 2023 mainly due to the fact that magnetic material companies basically consumed inventories and most rare earth manufacturers released production capacity and basically returned to normal. 

At the beginning of the week, China molybdenum price still moved downward mainly due to the poor enthusiasm of downstream users for inquiry and purchase and the weak international molybdenum market. 

Analysis of latest tungsten market from Chinatungsten Online

The ferro tungsten and tungsten carbide powder prices in the Chinese market are unchanged from the previous trading day on March 9, 2023 as the market is in a stalemate with rare deals concluded. 

China rare earth prices have shown a downward trend in the week ended on Friday, March 10, 2023.