China molybdenum market is still weak on July 20, 2022. Under the influence of both the drop in the price and quantity of steel tenders and the continuous decline in the international price of molybdenum, many stockholders have little confidence in stabilizing the price. 

Analysis of latest tungsten market from Chinatungsten Online

China tungsten price remained stable in the week ended on Friday, July 15, 2022 with the support from the cost despite the demand and financial pressures under high inflation affect the buying interest of traders, especially their intention to receive high-price resources. 

Analysis of latest tungsten market from Chinatungsten Online

At the beginning of the week, China tungsten price remains stable on the whole as the market is weak at both supply and demand sides. Affected by overseas uncertainties and the off-season effect of the market, spot transactions are low. 

At the beginning of the week, China rare earth prices continued the downward trend of last week as a whole. Under the circumstance that the weak demand from downstream users was difficult to improve, the supply of rare earth raw materials was slightly loose.