Analysis of latest tungsten market from Chinatungsten Online

China tungsten price remained weak after the holiday of Dragon Boat Festival affected by the decline in long-term contract prices from listed tungsten companies. In addition, the import and export data of China's tungsten products in May was released, and the weakening export data reflected the pressure of external demand, which aggravated the market's trade concerns.

Rare earth market quotation in China: praseodymium oxide, neodymium oxide and praseodymium neodymium oxide prices decline while terbium oxide and dysprosium oxide prices edge higher on June 25, 2023 in the first trading day after the holiday of Dragon Boat Festival. 

The overall situation of the domestic molybdenum market is average, mainly due to the fact that many traders have not fully entered the normal trading state on the first day after the Dragon Boat Festival, so the actual transaction speed is not high and the prices of molybdenum products are basically arranged within a narrow range. 

Analysis of latest tungsten market from Chinatungsten Online

Chinese tungsten powder and tungsten carbide powder prices continue to be stable affected by the weak demand as well as the stabilization of new guide prices from listed tungsten companies for the second half of June 2023. 

Rare earth market quotation in China: holmium oxide, neodymium oxide and praseodymium neodymium oxide prices edge higher on June 21, 2023. Under the weak balance between supply and demand, buyers and sellers have low agreement in negotiations. 

The overall performance of the Chinese molybdenum market is relatively good, mainly reflected in the sharp increase in the prices of most molybdenum products, the faster transaction speed and the stronger sentiment of traders entering the market. 

Analysis of latest tungsten market from Chinatungsten Online

At the beginning of the week, China tungsten price keeps stable as the market is still in a stalemate. Traders are not clear about the market outlook and thus are not active in trading. 

Analysis of latest tungsten market from Chinatungsten Online

China tungsten price remained stable in the week ended on Friday, June 16, 2023 affected by the deadlocked supply and demand, negative concerns at the macro level and the market outlook. 

Rare earth market quotation in China: China’s gadolinium oxide, terbium oxide, holmium oxide and dysprosium oxide prices edge lower on June 19, 2023. 

At the beginning of the week, China’s domestic molybdenum market generally showed a sideways arrangement on June 19, 2023. Under the circumstances that the demand of downstream users is still lower than expected and there is no major positive news released from the policy, the confidence of suppliers to raise prices is slightly weak.