Analysis of latest tungsten market from Chinatungsten Online

Tungsten prices are in a stable period, with market support coming from the strong stance of suppliers at the mining end. Demand remains flexible, with spot market trading generally conducted on a need-to basis, resulting in limited transaction orders.

Chinese rare earth market is overall maintaining weak stability, mainly manifested in low enthusiasm among traders, no significant changes in product prices, and slow growth in orders. It is worth mentioning that the recent sharp declines and minor increases in rare earth prices have attracted widespread attention within the industry.

Analysis of latest tungsten market from Chinatungsten Online

China tungsten price maintains a stable trend, with a stagnant atmosphere in the market trading. The tungsten raw material market, dominated by mines, maintains a strong stance of holding goods, especially with recent intensified environmental regulations in China. Suppliers are predominantly holding firm to market prices.

Chinese molybdenum market has shown slight improvement on March 27, 2024. Although prices of many molybdenum products have not seen significant increases, there has been a noticeable increase in downstream inquiries, and with suppliers willing to make shipments, market transactions remain acceptable.