Analysis of latest tungsten market from Chinatungsten Online

The ammonium paratungstate (APT) and tungsten powder prices in the Chinese market are unchanged from the previous trading day on June 13, 2023 affected by the continued weakness in the demand side. 

Rare earth market quotation in China: lanthanum oxide price declines slightly while terbium oxide and dysprosium oxide prices edge higher on June 14, 2023 under the influence of many uncertain factors. 

The overall China’s domestic molybdenum price has shown a general downward trend on June 14, 2023, mainly due to the decrease in downstream demand, the lack of confidence in suppliers' price stability, and the continued negative decline in international molybdenum oxide and European ferromolybdenum prices. 

Analysis of latest tungsten market from Chinatungsten Online

At the beginning of the week, China tungsten price continues to be stable because the whole industrial chain is still in a stalemate and the global economy growth slows, which prohibits the resource circulation in the spot market. 

Analysis of latest tungsten market from Chinatungsten Online

The whole China tungsten price kept firm in the week began on Monday June 5, 2023 with the impact of the increased long-term contract prices from listed tungsten companies, which prompted manufacturer’s offers at the same time. 

At the beginning of the week, China’s domestic rare earth market generally has traded sideways. 

At the beginning of the week, China’s domestic molybdenum market showed a trend of both stability and decline. 

Analysis of latest tungsten market from Chinatungsten Online

The ferro tungsten and tungsten carbide powder prices in the Chinese market are unchanged from the previous trading day as the whole market is in a stalemate. 

This week, China’s domestic rare earth market showed a pattern of ups and downs. 

China’s ferro molybdenum, molybdenum powder and molybdenum bar prices kept stable in the week ended on Friday, June 9, 2023 mainly due to the balanced relationship between the supply and demand.