Chinese rare earth market has rebounded again on August 14, 2024, mainly reflected in the significant increase in prices of many products and the enhanced confidence of industry players in the future market. 

Analysis of latest tungsten market from Chinatungsten Online

China tungsten prices showed a slight upward trend on August 12, 2024. The supply side appeared somewhat strong, while demand-side pressures have not significantly improved. Traders continue to take a cautious approach, leading to moderate trading activity.

The Chinese molybdenum market has maintained a strong overall operation. Despite the unchanged weak supply-demand pattern, suppliers generally have strong confidence in stabilizing prices, while buyers have low willingness to accept goods at high prices, resulting in low market transaction volume.

Analysis of latest tungsten market from Chinatungsten Online

China tungsten prices remained stable overall in the week ended on Friday, August 9, 2024.