The domestic Chinese rare earth market is relatively stable, with a balanced supply and demand situation onn September 27, 2023. Prices for light and heavy rare earth raw materials, neodymium iron boron (NdFeB) semi-finished products, and their waste materials are running steadily, with few new orders. 

Analysis of latest tungsten market from Chinatungsten Online

At the beginning of the week, China tungsten price remained relatively stable, with the market showing mixed sentiments and a predominant supply-demand dynamic. 

The overall domestic molybdenum prices continue to remain in a downward trend. This is mainly attributed to the weakening of market-supporting factors and the increasing negative factors, leading to a decline in the confidence of suppliers to maintain stable prices. 

Analysis of latest tungsten market from Chinatungsten Online

China tungsten price has generally shown a stable to slightly weaker trend in the week ended on Friday, September 22, 2023, primarily due to the lower-than-expected demand in the market, affecting the confidence of market participants and putting pressure on negotiations.