Analysis of latest tungsten market from Chinatungsten Online

China tungsten prices continue to show a sideways trend, with the market caught in a supply-demand standoff, making it difficult to improve transaction conditions. 

This week, the Chinese rare earth market showed a mixed pattern, with prices fluctuating up and down. In the context of a relatively balanced supply-demand relationship and limited support from macroeconomic positive news, traders largely maintained rigid transactions, focusing primarily on the situation of northern rare earth auction prices in December.

This week, the Chinese molybdenum market showed a slight downward trend, with the prices of molybdenum concentrate, ferromolybdenum, and molybdenum oxide falling below 3,700 yuan/tonne, 240,000 yuan/tonne, and 3,800 yuan/tonne, respectively.

Analysis of latest tungsten market from Chinatungsten Online

China tungsten prices remain stable, with supply and demand conditions continuing to play out in a tug-of-war, and new orders at the end of the month showing limited activity. 

Analysis of latest tungsten market from Chinatungsten Online

China tungsten prices remain in a sideways trend, with market stagnation at high levels leading to increased profit-taking sentiment. 

The domestic Chinese rare earth market has been fluctuating within a narrow range. Although prices of many products were pushed up in the past two days due to stronger support from production costs and the closure of the China-Myanmar border, the overall market has not seen a significant recovery. 

The Chinese molybdenum market is generally showing a steady but slightly weaker trend. As favorable factors gradually dissipate, the consumer market is slowly shifting from a seller's market to a buyer's market. 

Analysis of latest tungsten market from Chinatungsten Online

China tungsten prices remained stable, with the market supply side continuing to show tight conditions, while demand remained relatively subdued. 

Analysis of latest tungsten market from Chinatungsten Online

China tungsten market has generally shown a steady to slightly stronger trend in the week ended on Friday, November 22, 2024. Following the upward adjustment of new long-term contract prices by major tungsten enterprises, the raw material sector has shown an increased willingness to raise prices. 

At the start of the week, the domestic rare earth market showed a mixed pattern with both price increases and decreases. Specifically: