Adjustments to Export Tax Rebate Policies Spark New Reflections in the Tungsten Market

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Analysis of latest tungsten market from Chinatungsten Online

Tungsten prices on Monday showed stability, with the market fundamentals continuing to reflect tight supply and weak demand. The transaction stance between buyers and sellers remained stalemated.

Read more: Adjustments to Export Tax Rebate Policies Spark New Reflections in the Tungsten Market

China Tungsten Prices Showed a Firm Upward Trend in the Middle of November 2024

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Analysis of latest tungsten market from Chinatungsten Online

China tungsten prices have shown a firm upward trend in the week ended on Friday November 15, 2024. 

Read more: China Tungsten Prices Showed a Firm Upward Trend in the Middle of November 2024

Chinese Molybdenum Prices - November 18, 2024

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At the start of the week, Chinese molybdenum prices fluctuated within a narrow range. This was primarily due to the strong sentiment among molybdenum mining enterprises to hold onto inventory and support prices, contrasted with a decline in both volume and prices from steel procurement.

Read more: Chinese Molybdenum Prices - November 18, 2024

Holmium Oxide Price - November 18, 2024

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At the beginning of the week, the domestic rare earth market remained weak overall. Prices for terbium oxide, holmium oxide, and dysprosium-iron alloy dropped by approximately 70 yuan/kg, 2,000 yuan/ton, and 20,000 yuan/ton, respectively. 

Read more: Holmium Oxide Price - November 18, 2024

Chinese Tungsten Market Remains Stable in the Middle of November 2024

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Analysis of latest tungsten market from Chinatungsten Online

Chinese tungsten market remains stable for now. 

Read more: Chinese Tungsten Market Remains Stable in the Middle of November 2024

 

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