Analysis of latest tungsten market from Chinatungsten Online

Chinese tungsten price is showing a stable and robust trend, with a predominant willingness to support and explore price increases on the raw material side. 

Chinese rare earth market continues to maintain a sideways trend. With weak supply and demand, the consensus between buyers and sellers is low. As a result, market activity is not high, and product prices are difficult to rise or fall.

The Chinese molybdenum market is generally stable, with product prices mainly influenced by supply and demand dynamics. With suppliers not in a hurry to sell and buyers maintaining basic demand consumption, the market activity is moderate, and molybdenum product prices have shown no significant changes.

Analysis of latest tungsten market from Chinatungsten Online

At the beginning of the week, China tungsten price stabilized, and the market became increasingly festive. The overall market showed resilience against declines, but the actual trading atmosphere was subdued. 

Analysis of latest tungsten market from Chinatungsten Online

China tungsten price has shown an overall stable trend in the week ended on Friday, January 26, 2024. Firstly, it was boosted by a slight upward exploration in the long-term contract prices of large tungsten enterprises. 

At the beginning of the week, the overall focus of Chinese rare earth prices showed no significant changes. 

Chinese molybdenum price remained stable at the beginning of the week. Amid conflicting factors such as a low willingness of molybdenum concentrate holders to reduce prices and high pressure from downstream users such as steel companies to lower prices, the market trading atmosphere was subdued, and there were limited new orders. 

Analysis of latest tungsten market from Chinatungsten Online

China tungsten price remains stable, and the market consumption status continues to be weak, suppressing overall trade confidence and market sentiment. 

This week, the overall situation in the Chinese rare earth market remains relatively stable. At the beginning of the week, influenced by increased downstream inquiries, moderate spot supply, and strong support from production costs, prices of praseodymium, neodymium, dysprosium, and terbium series products remained stable. 

This week, the overall focus of the Chinese molybdenum price has not shown significant changes.