China’s Yichun Luming Set Sales Pricing for Molybdenum Concentrates

molybdenum boats image

China’s domestic molybdenum market continues to show a downward trend on October 11, 2023. In addition to the accelerated decline in international molybdenum oxide and European ferromolybdenum prices, as well as poor performance in the steel procurement market, a major reason for the declining confidence of many holders is the price reduction by the large molybdenum mine, Yichun Luming.

Read more: China’s Yichun Luming Set Sales Pricing for Molybdenum Concentrates

China’s Ganzhou Tungsten Association Declined Average Tungsten Forecast Prices for October 2023

Analysis of latest tungsten market from Chinatungsten Online

At the beginning of the week, China tungsten price shows weakness, with bearish sentiments primarily driven by sluggish demand from the demand side, and post-holiday restocking expectations not yet fully realized. 

Read more: China’s Ganzhou Tungsten Association Declined Average Tungsten Forecast Prices for October 2023

Market Trends in the Chinese Rare Earth Market on October 9, 2023

China rare earth price image

Market Trends in the Chinese Rare Earth Market on October 9, 2023

At the beginning of the week, the domestic rare earth market in China remained stable overall.

Read more: Market Trends in the Chinese Rare Earth Market on October 9, 2023

China’s Zhangyuan Tungsten Declined Long-term Contract Prices for the First half of October 2023

tungsten alloy cube image

Analysis of latest tungsten market from Chinatungsten Online

The latest round of quotations from China’s major tungsten enterprises has been released, reflecting a slightly weaker tone amid a stable market, indicating a stalemate in the market. 

Read more: China’s Zhangyuan Tungsten Declined Long-term Contract Prices for the First half of October 2023

Market Trends in the Chinese Molybdenum Market on October 9, 2023

TZM rod image

Market Trends in the Chinese Molybdenum Market on October 9, 2023

At the beginning of the week, the domestic molybdenum market in China continued its relatively weak performance, as the sentiments of both buyers and sellers remained subdued following the end of the National Day holiday.

Read more: Market Trends in the Chinese Molybdenum Market on October 9, 2023

 

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