Chinese Rare Earth Prices - February 28, 2024

neodymium oxide image

Chinese rare earth prices are fluctuating within a narrow range, with the atmosphere of negotiations between buyers and sellers somewhat stagnant due to the mutual influence of positive and negative factors. Consequently, market trading activity remains low, and transaction speeds remain slow.

Read more: Chinese Rare Earth Prices - February 28, 2024

Sodium Molybdate Price - February 28, 2024

MoSi2 Heating Elements image

Chinese molybdenum market is overall maintaining a stable trend, with weak supply and demand dynamics leading to a subdued trading atmosphere and a reduction in new orders. 

Read more: Sodium Molybdate Price - February 28, 2024

The Tungsten Market Stabilizes in the First Trading Week of the Year of the Dragon

ferro molybdenum image

Analysis of latest tungsten market from Chinatungsten Online

In the first trading week of the Year of the Dragon, the tungsten market is in the process of resuming work and production. There is a prevailing sentiment of chasing higher prices in the tungsten raw material sector, supporting overall firmness in tungsten product prices. 

Read more: The Tungsten Market Stabilizes in the First Trading Week of the Year of the Dragon

Tungsten Prices Stabilized Temporarily After the Lantern Festival

violet tungsten oxide image

Analysis of latest tungsten market from Chinatungsten Online

At the beginning of the week, tungsten prices stabilized temporarily as the market adopted a wait-and-see approach. 

Read more: Tungsten Prices Stabilized Temporarily After the Lantern Festival

Chinese Rare Earth Prices - February 26, 2024

dysprosium oxide image

At the beginning of the week, Chinese rare earth prices continued to show a downward trend, with the prices of praseodymium-neodymium oxide, gadolinium oxide, and neodymium iron boron scrap (terbium) falling below the thresholds of 380,000 yuan per ton, 170,000 yuan per ton, and 5,500 yuan per kilogram, respectively. This is mainly due to the recent strong bearish sentiment in the market.

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

 

WeChat