China Tungsten Prices Navigate Stability Amidst Trade Tensions and Macroeconomic Trends

blue tungsten oxide image

At the beginning of the week, Chinese tungsten prices maintained a stable trend, with mining maintaining a resilient stance and alloy sectors cautiously negotiating for purchases. Intermediate smelting companies faced pressure from both ends, resulting in slow overall resource circulation and a trading deadlock.

Read more: China Tungsten Prices Navigate Stability Amidst Trade Tensions and Macroeconomic Trends

China Tungsten Price Maintains Stabilization Amidst Standstill in Early January 2024

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Analysis of latest tungsten market from Chinatungsten Online

China tungsten price remain in a phase of stabilization with a standstill post the New Year. The market continues to exhibit caution, with mining maintaining resilience and purchasers adopting a wait-and-see approach, resulting in limited surprises and heightened observation.

Read more: China Tungsten Price Maintains Stabilization Amidst Standstill in Early January 2024

Chinese Molybdenum Prices - January 15, 2024

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At the beginning of the week, Chinese molybdenum prices showed consolidation within a narrow range. Despite the challenges posed by relatively high molybdenum product prices and declining international molybdenum prices, the domestic molybdenum market faced difficulties in rekindling momentum. 

Read more: Chinese Molybdenum Prices - January 15, 2024

Chinese Rare Earth Prices - January 15, 2024

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At the beginning of the week, Chinese rare earth prices fluctuated within a narrow range, influenced by various factors. 

Read more: Chinese Rare Earth Prices - January 15, 2024

Construction Machinery Industry Acts as an Indicator for Tungsten Products Consumption

tungsten probe tips image

Analysis of latest tungsten market from Chinatungsten Online

China tungsten price continues to maintain stable, with a prevalent observation of sellers being cautious and adopting a wait-and-see approach. Industry players are currently focusing on the progress of downstream inventory replenishment before the Spring Festival. However, there is a limited increase in new order volumes at present.

Read more: Construction Machinery Industry Acts as an Indicator for Tungsten Products Consumption

 

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