Analysis of latest tungsten market from Chinatungsten Online

China tungsten prices remained stable with a stalemate in the week ended on Friday, March 22, 2024, as there was a lot of market news, including long-term contract prices from tungsten enterprises, some alloy companies raising prices, the annual first batch of tungsten mining control indicators, and tungsten product import and export data for January and February. 

At the beginning of the week, the overall domestic molybdenum market maintained a sideways consolidation. 

At the beginning of the week, the overall focus of domestic rare earth prices shifted upwards again, with prices of praseodymium-neodymium oxide, gadolinium oxide, and holmium oxide increasing by approximately 7,000 yuan/ton, 4,000 yuan/ton, and 5,000 yuan/ton respectively. 

Analysis of latest tungsten market from Chinatungsten Online

Tungsten prices remain stable, with major tungsten enterprises gradually releasing their latest round of long-term contract prices, which generally meet the expectations of price increases.