Analysis of latest tungsten market from Chinatungsten Online

China tungsten prices remain stagnant, with no significant updates in market fundamentals. Weak demand continues to influence market sentiment, while supply-side attitudes towards selling and cashing out remain divided, suppressing overall transaction focus.

Chinese molybdenum prices show initial stability followed by an upward trend in the week ended on Friday, July 12, 2024. 

This week, the domestic Chinese rare earth market exhibited mixed trends amid a confluence of bullish and bearish factors. Light and heavy rare earth traders had differing sentiments, with praseodymium and neodymium prices experiencing tentative increases, while dysprosium and terbium prices continued to decline.

Analysis of latest tungsten market from Chinatungsten Online

China tungsten prices are showing a continued weak consolidation trend, reflecting the complex emotions of traders amid a market stalemate and wait-and-see attitude.