Chinese Molybdenum Market – June 5, 2024

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The Chinese molybdenum market overall remains in a consolidating operation. With both weak supply and demand, there's intense price bargaining between buyers and sellers. Material suppliers have a relatively low willingness to reduce prices, while buyers are cautious in their consumption, resulting in subdued market trading activity and limited new orders.

Read more: Chinese Molybdenum Market – June 5, 2024

China Ammonium Paratungstate Prices Tend to Decline in Early June 2024

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Analysis of latest tungsten market from Chinatungsten Online

On Monday, China tungsten prices continued to stagnate weakly as the central environmental inspection came to a close. 

Read more: China Ammonium Paratungstate Prices Tend to Decline in Early June 2024

Chinese Rare Earth Prices - June 3, 2024

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At the beginning of the week, Chinese rare earth prices continued the downward trend from last week. Among them, the prices of praseodymium-neodymium metal dropped by another approximately 9,000 yuan per ton, terbium oxide dropped by around 200 yuan per kilogram, and dysprosium iron alloy dropped by about 30,000 yuan per ton. 

Read more: Chinese Rare Earth Prices - June 3, 2024

China Tungsten Market in May Continued the Upward Momentum from April 2024

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Analysis of latest tungsten market from Chinatungsten Online

In May 2024, the overall trend of the China tungsten market continued the upward momentum from April. 

Read more: China Tungsten Market in May Continued the Upward Momentum from April 2024

Chinese Molybdenum Prices - June 3, 2024

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At the beginning of the week, Chinese molybdenum prices fluctuated within a narrow range. This was mainly attributed to the strong sentiment among molybdenum mining companies to hold onto stocks in anticipation of price increases, as downstream demand remained relatively stable and spot inventories in the market were low. 

Read more: Chinese Molybdenum Prices - June 3, 2024

 

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