Analysis of latest tungsten market from Chinatungsten Online

China’s ferro tungsten and tungsten powder prices stabilize in the middle of July under the background of high inflation and high cost. Although smelting factories reduce or stop production for equipment maintenance to ease part of inventory pressure and price inversion pressure, the short-term market is expected to be quiet and trading activity will be low. 

Rare earth market quotation in China: terbium oxide, praseodymium oxide and neodymium oxide prices decline slightly on July 13, 2022. In the case of long-term weak demand from downstream users, many suppliers have high panic, mainly reflected in the relatively chaotic quotations and some companies suspending quotations. Under this background, some industry players are bearish on the market outlook.

The overall China’s domestic molybdenum market is stable and weak on July 13, 2022. Under the influence of many uncertain factors, although many steel companies are willing to enter the market to tender for ferromolybdenum, the tender price is low, which makes it difficult for molybdenum prices to rise.

Analysis of latest tungsten market from Chinatungsten Online

At the beginning of the week, China tungsten price continues to keep stable as the supply and demand sides are both weak in the market. The supply of low-level resources is limited due to the overhaul of smelters and the impact of the high temperature and flood in many places in China. And the consumption also is sluggish affected by the COVID-19 and the tightening monetary measures of many economies around the world. 

Analysis of latest tungsten market from Chinatungsten Online

China tungsten price was in the upward trend in the week ended on Friday, July 08, 2022 because suppliers had strong rised mentality affected by the increase in the new guide prices from listed tungsten companies. 

At the beginning of the week, the overall focus of domestic rare earth prices shifted significantly, and the prices of praseodymium, neodymium, dysprosium and terbium products fell the most, mainly due to their large increase in the early stage, the general low sentiment of downstream users to receive goods recently, and some industry players being bearish about the market outlook. 

At the beginning of the week, China molybdenum market continues to be weak. The prices of sodium molybdate, ammonium molybdate and ammonium heptamolvbdate decline slightly. 

Researchers from the Indian Institute of Science, Bangalore, in collaboration with researchers at Carnegie Mellon University, have found that nanoscopic metal layers such as refractory tungsten layers can improve the growth tolerance of dendritic in solid-state lithium battery electrolytes.

An international team of scientists led by University of Oldenburg physicist Dr. Hangyong Shan and Prof. Dr. Christian Schneider has succeeded in creating a material - normally these materials are of low energy level - that after changing the energy level in an ultra-thin sample of the semiconductor tungsten diselenide (WSe₂) to enable it to emit light.

Analysis of latest tungsten market from Chinatungsten Online

The ferro tungsten and ammonium paratungstate (APT) price continues to remain stable on July 7, 2022 boosted by the increase in new guide prices from listed tungsten companies.