Analysis of latest tungsten market from Chinatungsten Online

The tungsten market is caught in a dilemma, with a tug-of-war between bullish and bearish sentiments. 

The domestic Chinese rare earth market continues to exhibit weakness. Although mainstream suppliers attempted tentative price increases in the past two days, strong pressure from downstream users to lower prices and a high level of market spot inventory have led to a decline in product prices today. 

Analysis of latest tungsten market from Chinatungsten Online

In the second half of October, the long-term contract prices from major tungsten companies in China have been gradually released, showing an increase compared to the first half of the month, but the price increase is limited, reflecting a cautious and stable market attitude from companies. 

The domestic Chinese molybdenum market remains stable, with a relatively balanced supply and demand relationship. The sentiment among traders is generally moderate, and mainstream molybdenum product prices fluctuate within a reasonable range, with limited actual transaction volume.