Analysis of latest tungsten market from China Tungsten Online

China tungsten price is generally stable, raw material market by the cost of support mentality is still strong, foreign quotation last agent on high, and the back-end enterprise procurement is still cautious, waiting for the follow-up of the actual order volume. 

Molybdenum market quotation in China: ferro molybdenum price maintains a stable situation. Supported by the price of steel mills in mid-October, coupled with the environmental protection situation, the overall supply of molybdenum primary market tends to be tight, and the business mentality is optimistic and the quotation is firm. 

Rare earth market quotation in China: Domestic rare earth price has been temporarily stable, and the market trading atmosphere has continued to be light, and merchants have different expectations for the market outlook. 

Analysis of latest tungsten market from ChinaTungsten Online

Tungsten prices in Chinese market have been consolidating and running, and the mentality of raw materials and finished products market has been differentiated: the attitude of reluctant sellers has kept the bottom of raw material prices rising, but considering the downstream demand is relatively rare, merchants keep a wait-and-see attitude to the upstream price increase, and procurement purchases are weak.