Analysis of latest tungsten market from Chinatungsten Online

China tungsten price edged higher in the week ended on Friday November 25, 2022 affected by the increase in new guide prices for the second half of this month as well as relative active trading.

China molybdenum market keeps strong on November 28, 2022. Under the joint influence of the low stock of molybdenum concentrates, the number of bids for steel companies and the rise in prices, the quotations of molybdenum mining companies have increased significantly. 

At the beginning of the week, China’s domestic rare earth prices fluctuated in a narrow range as a whole. Under the influence of many uncertain factors, the market trend of light and heavy rare earths was slightly different, that is, the light rare earth market was stable and relatively strong, while the heavy rare earth market was operating flat. 

Analysis of latest tungsten market from Chinatungsten Online

China's ferro tungsten and tungsten carbide powder prices are unchanged from the previous trading day. although raw material suppliers try to bottom out, downstream end users keep cautious sentiment and thus the whole market activity is low.