Analysis of latest tungsten market from Chinatungsten Online

At the beginning of the week, Chinese tungsten prices showed a temporary stable trend, with a lack of enthusiasm in the market. On one hand, the mining side maintained a supportive stance, stabilizing the market at the bottom. On the other hand, the demand for downstream alloys and their products remained relatively weak, affecting the operating load of enterprises. 

The overall trend of domestic Chinese molybdenum prices is in the downward trend on November 14, 2023. 

The overall rare earth market in China is maintaining stable operations. This is primarily evident in traders maintaining relatively rigid transactions, no significant changes in rare earth raw material and permanent magnetic material prices, and a moderate increase in order speed.

Analysis of latest tungsten market from Chinatungsten Online

The overall tungsten price in China has shown a relatively weak trend in the week ended on Friday, November 10, 2023 mainly due to the lack of progress in the consumer market.