Analysis of latest tungsten market from Chinatungsten Online

China tungsten prices remain stable with a cautious and stabilizing trend in the week ended on Friday, November 3, 2023, as transactions revolve around immediate needs, and the outlook for new orders from businesses is not optimistic. 

At the beginning of the week, Chinese molybdenum market was relatively positive, characterized by a certain degree of price increases in mainstream molybdenum products and increased actual transaction volumes. 

At the beginning of the week, Chinese rare earth market was relatively weak, mainly reflected in the slight decline in the prices of many mainstream heavy and medium rare earth raw materials and the limited number of new orders. 

Analysis of latest tungsten market from Chinatungsten Online

Chinese tungsten market remains relatively stable with a cautious trading atmosphere and no significant recovery in market confidence at the beginning of November 2023.