China Molybdenum Price - November 8, 2024

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This week, China molybdenum price remained steady overall, with transaction prices for molybdenum oxide, ferromolybdenum, and ammonium tetramolybdate hovering around 3,840 yuan per ton, 242,000 yuan per ton, and 230,000 yuan per ton, respectively.

Read more: China Molybdenum Price - November 8, 2024

Ganzhou Tungsten Association (GTA) Released Its Forecast Average Tungsten Price for November 2024

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Analysis of latest tungsten market from Chinatungsten Online

The tungsten price remains stable, and a new round of quotes from institutions and tungsten companies were released at the beginning of the month, which is overall in line with the current market situation and has boosted the sentiment of participants.

Read more: Ganzhou Tungsten Association (GTA) Released Its Forecast Average Tungsten Price for November 2024

Chinese Rare Earth Prices - November 6, 2024

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Chinese rare earth prices are fluctuating within a narrow range. Influenced by factors such as the difficult importation of rare earth ores from Myanmar, an increase in the northern rare earth spot price month-on-month, high production costs, and the U.S. presidential election, suppliers are generally maintaining firm quotations. 

Read more: Chinese Rare Earth Prices - November 6, 2024

China Tungsten Price Remains Stable in Early November 2024

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Analysis of latest tungsten market from Chinatungsten Online

China tungsten price remains stable for now, with the latest round of long-term contract prices from tungsten companies showing limited increases. This has suppressed the market's bullish sentiment and negotiations on prices, with industry players waiting for the announcement of guide prices from other large enterprises.

Read more: China Tungsten Price Remains Stable in Early November 2024

International Molybdenum Oxide Price - November 6, 2024

molybdenum boats image

The domestic Chinese molybdenum market is generally maintaining a stalemate, with prices and transaction volumes remaining relatively stable due to the interplay of both positive and negative factors. 

Read more: International Molybdenum Oxide Price - November 6, 2024

 

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