Analysis of latest tungsten market from Chinatungsten Online

China tungsten price has seen a slight weak adjustment on September 7, 2023, as the persistent weakness in demand from the market's demand side has shaken traders' confidence. 

This week, Chinese molybdenum prices have remained relatively stable with no significant fluctuations. Amid the interplay of various factors affecting the market, there has been intense price bargaining between buyers and sellers. As a result, market trading activity remains subdued, with relatively low actual transaction volumes.

As of September 8, 2023, China rare earth market has shown an overall stable upward trend in prices for the week. This trend can be primarily attributed to the generally strong speculative sentiment among suppliers. 

Analysis of latest tungsten market from Chinatungsten Online

The tungsten prices in the Chinese market remain stable in early September 2023 with listed tungsten enterprises and Ganzhou Tungsten Association (GTA) releasing their guide prices for September 2023.