Analysis of latest tungsten market from Chinatungsten Online

China’s tungsten powder and ammonium paratungstate (APT) prices are unchanged from the previous trading on November 15, 2022 as market participants are not active in trading.

China molybdenum price increases on the whole on November 16, 2022. Under the background of the small stock in the market and the difficulty in increasing the supply in the future, steel companies have intensively entered the market to bid for ferromolybdenum and the bidding price is acceptable, which has greatly increased their confidence in raising prices. 

Rare earth market quotation in China: praseodymium oxide and praseodymium neodymium oxide prices continue to decline on November 16, 2022 mainly due to low trading activity. 

Analysis of latest tungsten market from Chinatungsten Online

At the beginning of the week, China tungsten price maintains stability on November 14, 2022 due in part to continued weakness in the demand side as well as the instability of the external environment.