Tungsten Raw Material Prices Continue to Rise in the Middle of April 2024

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Analysis of latest tungsten market from Chinatungsten Online

Tungsten raw material prices continue to rise under the dominance of supply and market sentiment, driven by cost factors, coupled with the increase in demand for strategic resource hedging, and the driving force of the manufacturing industry repair process on the demand side. 

Read more: Tungsten Raw Material Prices Continue to Rise in the Middle of April 2024

Xianglu Tungsten Raised Long-term Purchase Price for Tungsten Raw Materials in April 2024

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Analysis of latest tungsten market from Chinatungsten Online

China tungsten price continues to remain firm, with cautious sentiment towards chasing highs. 

Read more: Xianglu Tungsten Raised Long-term Purchase Price for Tungsten Raw Materials in April 2024

Chinese Molybdenum Price - April 17, 2024

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Chinese molybdenum price maintains a stable and slightly strong trend, with a relatively balanced supply-demand relationship. However, discussions between buyers and sellers are somewhat stagnant, mainly due to weak price concessions from suppliers and low willingness from buyers to accept high prices, resulting in moderate market activity.

Read more: Chinese Molybdenum Price - April 17, 2024

Chinese Rare Earth Prices - April 17, 2024

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Chinese rare earth prices are generally fluctuating within a narrow range, mainly due to limited room for price concessions from suppliers and increasing pressure from buyers to lower prices. 

Read more: Chinese Rare Earth Prices - April 17, 2024

Analysis of Current Trends in Tungsten Market Prices in the Middle of April 2024

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Analysis of latest tungsten market from Chinatungsten Online

At the beginning of the week, tungsten market prices remained firm, with modest support from market demand but ongoing speculative sentiment on the cost side. Coupled with some essential orders, the tungsten product price market remained robust.

Read more: Analysis of Current Trends in Tungsten Market Prices in the Middle of April 2024

 

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