China rare earth price has generally consolidated within a narrow range in the week ended on Friday August 18, 2023. Under the influence of various uncertainties, the trends in light and heavy rare earth raw materials, as well as rare earth permanent magnetic materials, have shown slight differences.

Analysis of latest tungsten market from Chinatungsten Online

The overall tungsten price in the Chinese market is in the upward trend in the middle of August 2023. 

China molybdenum market has shown an overall high-level oscillation trend in the week ended on Friday August 18, 2023. Due to reduced downstream demand and the continuous decline in international molybdenum oxide and European ferromolybdenum prices, many raw material suppliers have shown an increased willingness to lower prices and make shipments. 

Analysis of latest tungsten market from Chinatungsten Online

At the beginning of the week, China tungsten price stabilizes because the market keeps unchanged compared from last week. Now market participants mainly take a watchful stance.