Chinese Molybdenum Prices - March 22, 2024

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Chinese molybdenum prices continued the trend of slight downward fluctuations in the week ended on Friday March 22, 2024. 

Read more: Chinese Molybdenum Prices - March 22, 2024

Total Control Quota for Tungsten Mining Has Been Reduced for the first Time Since 2019

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Analysis of latest tungsten market from Chinatungsten Online

China tungsten price continues to stabilize at high levels, with cost considerations remaining dominant. 

Read more: Total Control Quota for Tungsten Mining Has Been Reduced for the first Time Since 2019

Terbium Oxide Prices - March 20, 2024

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Chinese rare earth prices are generally stable, with some experiencing minor declines. This is mainly due to slow downstream demand, relatively ample spot market supply, and limited support from bullish news. 

Read more: Terbium Oxide Prices - March 20, 2024

Xiamen Tungsten Raised Purchase Price for APT for the Second half of March 2024

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Analysis of latest tungsten market from Chinatungsten Online

China tungsten prices remain stable with consolidation, although consumption conditions outside of essential demand are not ideal, the support from cost considerations forces smelters and downstream alloy companies to reluctantly raise their prices.

Read more: Xiamen Tungsten Raised Purchase Price for APT for the Second half of March 2024

Molybdenum Powder Price - March 20, 2024

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Domestically, the overall focus of molybdenum prices continues to decline, with prices of molybdenum concentrate, sodium molybdate, and molybdenum powder decreasing by approximately 20 yuan per ton, 1,000 yuan per ton, and 5 yuan per kilogram, respectively. In this situation, both buyers and sellers are generally cautious, resulting in limited transactions.

Read more: Molybdenum Powder Price - March 20, 2024

 

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