The Tungsten Price in the Chinese Market Is Reducing on Weak Confidence

tungsten wires image

Analysis of latest tungsten market from Chinatungsten Online

The overall tungsten price in the Chinese market is weakening. On the one hand, it is due to the pressure on the fundamental atmosphere. 

Read more: The Tungsten Price in the Chinese Market Is Reducing on Weak Confidence

Chinese Rare Earth Prices - June 19, 2024

praseodymium oxide image

Chinese rare earth prices fluctuate in a narrow range as a whole. In the case that the problem of oversupply of raw materials has not been solved and the production cost support is strong, traders are generally in a general mood to enter the market, so the transaction is limited. At present, many industry players are waiting for the arrival of the northern rare earth listing price next month.

Read more: Chinese Rare Earth Prices - June 19, 2024

China Tungsten Prices Continued to Be Weak on Quiet Market

gold plated tungsten wire image

Analysis of latest tungsten market from Chinatungsten Online

China tungsten prices continued to be weak in the week began on Monday, June 17, 2024. 

Read more: China Tungsten Prices Continued to Be Weak on Quiet Market

International Molybdenum Price - June 19, 2024

molybdenum wire image

The Chinese molybdenum market is running steadily as a whole. With the supply and demand relationship relatively balanced and no major positive or negative news released on the policy side, buyers and sellers are mostly on the sidelines, so the transaction is average. At present, the industry focuses on the number and bids of molybdenum iron in steel companies' bidding.

Read more: International Molybdenum Price - June 19, 2024

China Tungsten Prices Were Weak in the Middle of June 2024

ferro tungsten image

Analysis of latest tungsten market from Chinatungsten Online

China tungsten prices were weak in the week ended on Friday, June 14, 2024, and the stalemate in the spot market reflected the complex market sentiment.

Read more: China Tungsten Prices Were Weak in the Middle of June 2024

 

WeChat