Analysis of latest tungsten market from Chinatungsten Online

In February 2023, China tungsten market generally showed a trend of rising first, then falling, and then maintaining stability, and the volatility of the market was relatively narrow.

China’s molybdenum market starts to be weak in early March 2023. With the gradual weakening of positive support, the negative atmosphere in the market has increased slightly, which is mainly reflected in the decline in the prices of many molybdenum products and the weak atmosphere in the market for buying and selling. 

Rare earth market quotation in China: praseodymium oxide, neodymium oxide, terbium oxide and erbium oxide prices keep declining on March 2, 2023 mainly due to the lower than expected enthusiasm for inquiries and purchases from downstream users and the rapid growth of spot stocks of rare earth raw materials. 

Analysis of latest tungsten market from Chinatungsten Online

China’s ammonium paratungstate (APT) and tungsten powder prices are unchanged from the previous trading day because the market continues to keep quiet with low trading activity.