The overall decline in the Chinese rare earth market is mainly due to the imbalance between the supply and demand of rare earth raw materials, that is, the limited consumption capacity of downstream users. 

Analysis of latest tungsten market from Chinatungsten Online

At the beginning of the week, China tungsten price remained stable mainly due to the continued weak market with rare deals concluded. It will still take time for the market economy and consumption to fully recover from partial recovery. 

The overall situation of the Chinese molybdenum market is not good, which is mainly reflected in the low sentiment of traders entering the market, the obvious decline in the price of molybdenum products, and the small actual transaction volume.

Analysis of latest tungsten market from Chinatungsten Online

China tungsten price remained weak adjustment in the week ended on Friday April 7, 2023 affected by the decline in new guide prices from listed tungsten companies as well as tungsten association.