Molybdenum market quotation in China: ferro molybdenum, molybdenum concentrate and molybdenum oxide prices increased slightly on July 19, 2023. 

Analysis of latest tungsten market from Chinatungsten Online

At the beginning of the week, China tungsten price remains stable and the offers from traders mainly refer to the long-term contract prices released by large tungsten enterprises. 

Analysis of latest tungsten market from Chinatungsten Online

China tungsten price was weak in the week ended on Friday July 14, 2023 when the supply and demand in the market were in a stalemate. Most market participants took a watchful stance.

At the beginning of the week, Chinese rare earth price showed a bottoming and rebound pattern, mainly due to the increased enthusiasm of downstream users to purchase at low prices and the enhanced awareness of suppliers to make profits. 

At the beginning of the week, Chinese molybdenum market maintained a stable operation, which was mainly due to the fact that the suppliers generally had a strong willingness to hold up prices, the demand of downstream users was acceptable, and the sentiment of lowering prices was strong. 

Analysis of latest tungsten market from Chinatungsten Online

The prices of tungsten carbide powder, ferro tungsten and tungsten bar prices are unchanged from the previous trading day as the market continues its deadlocked situation. 

China rare earth price showed a trend of falling first and then rising in the week ended on Friday, July 14, 2023.

China molybdenum price remained weak adjustment in the week ended on Friday, July 14, 2023. Under the interweaving of positive and negative factors, the price game between buyers and sellers was fierce. Some products, such as molybdenum concentrates, traded in a wide range of prices. 

Analysis of latest tungsten market from Chinatungsten Online

China’s tungsten powder and ammonium paratungstate (APT) prices remain stable on July 12, 2023 as the market is under pressure affected by the sluggish demand in the alloy market. 

Analysis of latest tungsten market from Chinatungsten Online

The tungsten market in China seems ‘cool’ compared with the scorching summer. On the supply side, miners are unwilling to sell at a lower price as the supply is relatively tight, and intermediate manufacturers want to avoid risks and reduce operating rates.