China rare earth price mixed in the week ended on Friday, June 16, 2023. Specifically, supported by production costs at the beginning of the week, the prices of light and heavy rare earths mostly rose slightly, but near the weekend, due to the lower than expected follow-up of downstream demand, the prices of some rare earth raw materials dropped slightly. 

Chinese tungsten powder and tungsten carbide powder prices continue to be stable on June 14, 2023 because the depressed atmosphere at the cemented carbide end affects the sentiment of the tungsten raw material market. 

China molybdenum price showed a downward trend in the week ended on Friday, June 16, 2023. As the favorable factors gradually weakened, the buyer’s market advantage was slightly enhanced, mainly reflected in the improvement of suppliers’ awareness of profitability. 

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 June 13, 2023 affected by the continued weakness in the demand side.