At the beginning of the week, Chinese rare earth prices remained within a narrow range, with prices of praseodymium-neodymium oxide and dysprosium oxide decreasing by approximately 3,000 yuan/ton and 20,000 yuan/ton respectively. 

At the beginning of the week, Chinese molybdenum market maintained a relatively weak trend. Although supported by factors such as high production costs, limited spot supply in the market, and downstream users maintaining basic demand procurement, most suppliers were unwilling to lower prices for shipments. 

Analysis of latest tungsten market from Chinatungsten Online

China tungsten prices remain stable, with market transactions lukewarm. 

Chinese rare earth prices showed a mixed pattern of rises and falls in the week ended on Friday March 15, 2024. At the beginning of the week, prices of mainstream products continued the trend of fluctuating declines seen in the previous two weeks. 

Chinese molybdenum price showed a pattern of stability followed by a decline in the week ended on Friday March 15, 2024.

Analysis of latest tungsten market from Chinatungsten Online

China tungsten prices remained stable in the short term, with a weakening trend of chasing highs and cutting losses in the market. The overall situation is still in a stalemate as participants wait to see the direction of actual supply and demand dynamics.

Analysis of latest tungsten market from Chinatungsten Online

China tungsten prices are currently stabilizing, with uncertainty prevailing in the international economic signals on the macroeconomic front.

The domestic rare earth market is stabilizing, mainly due to the increasing awareness among suppliers to avoid the inverted cost-profit scenario and the continuous release of positive news. 

The domestic molybdenum market remains in a state of stalemate, with various factors from both bulls and bears intertwined. 

Analysis of latest tungsten market from Chinatungsten Online

At the beginning of the week, China tungsten price maintained a stable state, with the atmosphere of supporting price increases in the raw materials sector still prevalent.