Analysis of latest tungsten market from Chinatungsten Online

In the first half of 2023, China tungsten market generally fluctuated in a range because the macroeconomic environment was under pressure, and the fundamentals of supply and demand continued to be in a stalemate. 

At the beginning of the week, China rare earth market is still sluggish. In addition to the continuous decline in the prices of some light and heavy rare earth raw materials, the prices of different grades of NdFeB blanks and their scraps also dropped. 

At the beginning of the week, Chinese molybdenum prices moved down slightly mainly due to the decrease in market demand and the increased awareness of profit-taking among many suppliers. 

Tungsten copper alloy combines the advantages of copper and tungsten, with the advantages of high strength, high specific gravity, high temperature resistance, arc ablation resistance, good electrical and thermal conductivity and good processing performance.

Tungsten copper alloy is an alloy composed of two metals, tungsten and copper. Tungsten is a metal with a high melting point and high density, as well as excellent thermal conductivity and high strength. Copper has good electrical and thermal conductivity and is a commonly used electrical material.

Tungsten-copper alloys are widely used as electrical contacts. An electrical contact is a key component used in the transmission and control of power and is commonly found in electrical equipment such as switchgear, relays, circuit breakers and contactors. 

As an electrical contact material, tungsten copper alloy (WCu alloy) has excellent electrical conductivity, wear resistance, corrosion resistance, thermal expansion matching, high strength and pressure resistance, and high temperature stability. These properties make it an ideal material for electrical contacts and is widely used in many electrical devices.

Analysis of latest tungsten market from Chinatungsten Online

China’s ammonium paratungstate (APT) and tungsten powder prices continue to be stable on June 29, 2023 when the pace of economic recovery is lower than expected. 

Analysis of latest tungsten market from Chinatungsten Online

China’s ferro tungsten and tungsten carbide powder prices stabilize at the time being affected by the low buying appetite of market participants. In the short term, the attitude of raw material manufacturers as well as the actual demand are the key factors for the outlook market. 

Analysis of latest tungsten market from Chinatungsten Online

The ammonium paratungstate (APT) and tungsten powder prices remain weak adjustment in the Chinese market affected by the tepid demand in the market.