Analysis of latest tungsten market from Chinatungsten Online

The ammonium metatungstate (APT) and tungsten carbide powder prices in the Chinese market remain weak adjustment in late November, 2021 with the impact of cautious sentiment of participants owing to the continued spread of Covid-19 in the world. 

Molybdenum market quotation in China: ferro molybdenum price edges higher while prices of molybdenum oxide and sodium molybdate remains unchanged in the first trading day on December, 2021. 

China’s domestic rare earth price fluctuated within a reasonable range as a whole in the first trading day in December, 2021. Affected by many uncertain factors, the price increase of products such as neodymium praseodymium and terbium dysprosium has slowed down, but the transaction is fair.

Analysis of latest tungsten market from Chinatungsten Online

At the beginning of the week, China’s domestic tungsten price maintains stability due to unclear demand side but supported by the high cost. Manufacturers would like to stabilize their offers and buyers remain rigid demand.