At the beginning of the week, Chinese rare earth market remained relatively weak. Influenced by the difficulty in downstream demand recovery and the willingness of many raw material suppliers to exchange volume for price, most industry participants exhibited a somewhat insufficient confidence in the future, primarily adopting a cautious wait-and-see approach. 

Analysis of latest tungsten market from Chinatungsten Online

The tungsten price continues to remain stable, with clear support from the mining sector and a lack of significant recovery in the alloy sector. The overall market atmosphere is characterized by cautious trading and stagnant transaction volume and prices, with primary circulation being driven by essential needs.

Molybdenum market quotation in China: sodium molybdate, ammonium molybdate and ammonium heptamolvbdate prices continued to decline at the beginning of the week. 

Analysis of latest tungsten market from Chinatungsten Online

The ammonium paratungstate (APT) and tungsten powder prices in the Chinese market are unchanged from the previous trading day on November 15, 2023 as the market trading sentiment is mediocre, with a tug-of-war situation in buying and selling.