China rare earth price has shown a steady rise in the second half of May 2023 mainly due to the long period of decline in rare earth prices in the early stage and the recent increase in the enthusiasm of downstream users for inquiries. 

Analysis of latest tungsten market from Chinatungsten Online

At the beginning of the week, China tungsten price was stable when the market remains quiet as usual. Miners and smelting factories still have strong rised mentality but the whole trading activity in the market remains tepid.

China molybdenum price has moved up slightly on May 24, 2023 mainly due to the fact that steel companies have concentrated on bidding and the bidding prices are acceptable, and the spot inventory of some molybdenum raw materials is relatively small. 

CTIA GROUP LTD, a professional producer of tungsten products, is recognized as RMI Conformant Downstream Facility for Tungsten in May,2023.