Analysis of latest tungsten market from Chinatungsten Online

The tungsten powder and ammonium paratungstate (APT) prices in the Chinese market continue to keep stable on August 25, 2022 as the whole market remains quiet. 

China rare earth price showed a trend of continuous decline in the week ended on Friday, August 26, 2022. With the favorable factors gradually weakening, the negative atmosphere in the market was slightly strong, mainly because the prices of praseodymium, neodymium, dysprosium and terbium products all declined to varying degrees, and new orders were few. 

China molybdenum price was in the upward trend in the week ended on Friday, August 26, 2022. At the beginning of the week, affected by the weak supply and demand, the price of molybdenum products remained basically stable; however, the price of molybdenum products has increased at the end of the week, stimulated by the concentrated entry of steel companies to bid for ferromolybdenum. 

Analysis of latest tungsten market from Chinatungsten Online

China’s tungsten carbide powder and tungsten bar prices continue to keep stable owning to cautious trading sentiment of market participants. Some raw material suppliers consider profit-taking while end users make purchasing plans according to their actual needs. 

Analysis of latest tungsten market from Chinatungsten Online

Chinese tungsten powder and ammonium paratungstate (APT) prices remain stable on August 23, 2022 as the whole market trading is not active under the high-temperature weather. 

Rare earth market quotation in China: terbium oxide, dysprosium oxide and praseodymium neodymium metal prices continue to edge lower on August 24, 2022. 

Molybdenum market quotation in China: molybdenum powder and oxide prices remain stable while ferro molybdenum price increases slightly on August 24, 2022 mainly due to the enthusiasm of downstream users' enquiries and the rebound of international molybdenum prices. 

Analysis of latest tungsten market from Chinatungsten Online

At the beginning of the week, China tungsten price maintained a stable trend. In terms of supply and demand, the recent high temperature and rainy weather in many places has led to a decrease in the supply of raw materials in the market and an increase in costs. 

Analysis of latest tungsten market from Chinatungsten Online

China tungsten price remained strong in the week ended on Friday, August 19, 2022 because high temperature aggravated the pressure of global energy shortage, which made the industry cost support rise.

Rare earth market quotation in China: praseodymium oxide, neodymium oxide and praseodymium neodymium oxide prices edge lower on August 22, 2022.