Analysis of latest tungsten market from Chinatungsten Online

China tungsten price remained stable in the week ended on Friday, June 16, 2023 affected by the deadlocked supply and demand, negative concerns at the macro level and the market outlook. 

At the beginning of the week, China’s domestic molybdenum market generally showed a sideways arrangement on June 19, 2023. Under the circumstances that the demand of downstream users is still lower than expected and there is no major positive news released from the policy, the confidence of suppliers to raise prices is slightly weak. 

Rare earth market quotation in China: China’s gadolinium oxide, terbium oxide, holmium oxide and dysprosium oxide prices edge lower on June 19, 2023. 

Analysis of latest tungsten market from Chinatungsten Online

Chinese tungsten bar and tungsten powder prices keep unchanged on June 15, 2023 due to continued deadlocked supply and demand in the market.