At the beginning of the week, Chinese rare earth price showed a bottoming and rebound pattern, mainly due to the increased enthusiasm of downstream users to purchase at low prices and the enhanced awareness of suppliers to make profits. 

Analysis of latest tungsten market from Chinatungsten Online

The prices of tungsten carbide powder, ferro tungsten and tungsten bar prices are unchanged from the previous trading day as the market continues its deadlocked situation. 

At the beginning of the week, Chinese molybdenum market maintained a stable operation, which was mainly due to the fact that the suppliers generally had a strong willingness to hold up prices, the demand of downstream users was acceptable, and the sentiment of lowering prices was strong. 

China rare earth price showed a trend of falling first and then rising in the week ended on Friday, July 14, 2023.