Analysis of latest tungsten market from ChinaTungsten Online

Chinese tungsten market is in a stalemate, with rare new increased orders. The weakness in demand makes insiders feel doubt about market outlook. With the approaching of Mid-Autumn Festival, tungsten prices will tend to stabilize. 

The latest prices of molybdenum oxide, molybdenum bar and molybdenum powder keep stable on Thursday September 13. Low-price products in the raw material market are tight. Some sellers drop their offer levels to move materials despite market demand remain weak. However, environmental protection policy still supports the market and prices will not be adjusted greatly in the short term. 

The latest prices of lanthanum oxide, neodymium oxide and Dy-Fe alloy is unchanged from the previous trading day on unclear outlook for listing prices of large enterprises, Chinese environmental checks and trade environment. Buyers and sellers are in a stalemate and traders appear unwilling to trade in a weakening market. Rare earth price trends remain unknown in the short term. 

Analysis of latest tungsten market from ChinaTungsten Online

Chinese tungsten prices remain stable compared with last trading day due to deadlocked supply and demand. Tungsten ore sellers seem unwilling to sale in the market, affected by the environmental checks. Low-price spot goods reduce as a result of continuous decline in tungsten prices.