Analysis of latest tungsten market from Chinatungsten Online

Tungsten raw material prices continue to rise under the dominance of supply and market sentiment, driven by cost factors, coupled with the increase in demand for strategic resource hedging, and the driving force of the manufacturing industry repair process on the demand side. 

Chinese rare earth prices are generally fluctuating within a narrow range, mainly due to limited room for price concessions from suppliers and increasing pressure from buyers to lower prices. 

Analysis of latest tungsten market from Chinatungsten Online

China tungsten price continues to remain firm, with cautious sentiment towards chasing highs. 

Chinese molybdenum price maintains a stable and slightly strong trend, with a relatively balanced supply-demand relationship. However, discussions between buyers and sellers are somewhat stagnant, mainly due to weak price concessions from suppliers and low willingness from buyers to accept high prices, resulting in moderate market activity.