Chinese Molybdenum Price - May 17, 2024

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Chinese molybdenum price is generally showing a pattern of stability with a slight weakness in the week ended on Friday, May 17, 2024. As the favorable factors gradually diminish, the consumption market is slowly transitioning from a seller's market to a buyer's market. 

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China Tungsten Prices Maintain Strong Trend with Positive Market Sentiment

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Analysis of latest tungsten market from Chinatungsten Online

China tungsten prices have been maintaining a strong upward trend, with market sentiment remaining optimistic. The supply of tungsten remains tight and prices are high, especially as environmental inspections by central authorities in major production areas are adding pressure to the supply chain. 

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Erbium Oxide Prices – May 15, 2024

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The overall Chinese rare earth market is relatively average on May 15, 2024, with varying price trends for major light and heavy rare earth products influenced by a mix of factors.

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Tungsten Market Update: Mid-May Sensitivities and Strategic Insights

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Analysis of latest tungsten market from Chinatungsten Online

In mid-May, the tungsten market is entering a relatively sensitive phase, with mixed opinions on the future. Those holding inventory are generally optimistic, but any minor fluctuation could trigger a new wave of price volatility, reminiscent of the butterfly effect in the Amazon rainforest.

Read more: Tungsten Market Update: Mid-May Sensitivities and Strategic Insights

Molybdenum Powder Prices - May 15, 2024

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Chinese molybdenum market remains stable on May 15, 2024. Influenced by strong reluctance to sell at low prices from molybdenum mining companies, good downstream demand, and the pressure from steel companies to lower prices, market trading activity is moderate. Consequently, transaction prices for products are neither rising nor falling. 

Read more: Molybdenum Powder Prices - May 15, 2024

 

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