Tungsten Powder Prices Are Stuck at Around $46,857.1/ton at the end of June 2024

tungsten rod image

Analysis of latest tungsten market from Chinatungsten Online

The price of tungsten continues to decline steadily. In the short term, the market supply and demand margins are relatively loose. Coupled with the drag on sentiment, overall trade conditions are under pressure and consolidation.

Read more: Tungsten Powder Prices Are Stuck at Around $46,857.1/ton at the end of June 2024

Chinese Molybdenum Prices - June 26, 2024

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Chinese molybdenum prices are generally showing a persistent downward trend. The prices of molybdenum concentrate, ferromolybdenum, and ammonium heptamolybdate have dropped by approximately 90 RMB/ton degree, 2,000 RMB/ton, and 2,000 RMB/ton respectively. Currently, industry players are focusing on the performance of steel bidding volumes and prices.

Read more: Chinese Molybdenum Prices - June 26, 2024

Chinese Rare Earth Prices - June 26, 2024

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Chinese rare earth prices continue to shift slightly downward.

Read more: Chinese Rare Earth Prices - June 26, 2024

China Tungsten Price Is in the Weak Adjustment on Deadlocked Market

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Analysis of latest tungsten market from Chinatungsten Online

China tungsten price is still in the weak adjustment with deadlocked market costs and demand, and low trading activity in the market. 

Read more: China Tungsten Price Is in the Weak Adjustment on Deadlocked Market

China Tungsten Prices Were Sideways at the end of June 2024

tungsten pins image

Analysis of latest tungsten market from Chinatungsten Online

China tungsten prices were sideways on Monday, and the market stability signal has not yet been clear. Due to the low initiative of downstream users in the industrial chain to purchase and stock up due to cost and demand factors, the atmosphere of profit-taking in the raw material market still exists. The short-term tungsten market is still under pressure, and the news is updated.

Read more: China Tungsten Prices Were Sideways at the end of June 2024

 

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