Market Trends in the Chinese Molybdenum Market on October 9, 2023

At the beginning of the week, the domestic molybdenum market in China continued its relatively weak performance, as the sentiments of both buyers and sellers remained subdued following the end of the National Day holiday.

Analysis of latest tungsten market from Chinatungsten Online

The Chinese tungsten market has shown a trend of volatility and consolidation in prices in the first three quarters of 2023. The overall tungsten price has shifted upward, but the adjustment range has been limited. This is mainly due to an ongoing tug-of-war between market cost factors and supply and demand dynamics.

Analysis of latest tungsten market from Chinatungsten Online

Macro Overview of the Tungsten, Molybdenum, and Rare Earth Market During the Mid-Autumn Festival and National Day:

The Chinese rare earth market has continued its stable operation since the holiday period, mainly due to the fact that many traders have not yet resumed normal trading activities on the first day after the holiday, and there has been a slowdown in logistics transportation due to the return peak of travelers in the past two days.