China Tungsten Prices Stagnate Amid Weak Demand and Mixed Sentiment

tungsten pellets image

Analysis of latest tungsten market from Chinatungsten Online

China tungsten prices remain stagnant in the week ended on Friday, July 12, 2024, with no significant updates in market fundamentals. Weak demand continues to influence market sentiment, while supply-side attitudes towards selling and cashing out remain divided, suppressing overall transaction focus.

Read more: China Tungsten Prices Stagnate Amid Weak Demand and Mixed Sentiment

Terbium Oxide Price - July 15, 2024

praseodymium oxide image

At the start of the week, Chinese rare earth prices showed partial stability with some minor declines. The price of praseodymium-neodymium oxide decreased by approximately 3,000 RMB/ton, terbium oxide by around 50 RMB/kg, and dysprosium-iron alloy by about 20,000 RMB/ton. 

Read more: Terbium Oxide Price - July 15, 2024

China Tungsten Prices Stagnate Amid Weak Demand and Mixed Sentiment

tungsten plate image

Analysis of latest tungsten market from Chinatungsten Online

China tungsten prices remain stagnant, with no significant updates in market fundamentals. Weak demand continues to influence market sentiment, while supply-side attitudes towards selling and cashing out remain divided, suppressing overall transaction focus.

Read more: China Tungsten Prices Stagnate Amid Weak Demand and Mixed Sentiment

Molybdenum Powder Price - July 15, 2024

black TZM rods image

At the beginning of the week, the domestic Chinese molybdenum market maintained stable operations. This was primarily due to increased cautious sentiment among downstream users and generally average performance in the international molybdenum market. 

Read more: Molybdenum Powder Price - July 15, 2024

Chinese Rare Earth Market - July 12, 2024

neodymium oxide image

This week, the domestic Chinese rare earth market exhibited mixed trends amid a confluence of bullish and bearish factors. Light and heavy rare earth traders had differing sentiments, with praseodymium and neodymium prices experiencing tentative increases, while dysprosium and terbium prices continued to decline.

Read more: Chinese Rare Earth Market - July 12, 2024

 

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