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. 

Analysis of latest tungsten market from Chinatungsten Online

Chinese tungsten bar and tungsten powder prices keep unchanged on June 15, 2023 due to continued deadlocked supply and demand in the market. 

China rare earth price mixed in the week ended on Friday, June 16, 2023. Specifically, supported by production costs at the beginning of the week, the prices of light and heavy rare earths mostly rose slightly, but near the weekend, due to the lower than expected follow-up of downstream demand, the prices of some rare earth raw materials dropped slightly. 

China molybdenum price showed a downward trend in the week ended on Friday, June 16, 2023. As the favorable factors gradually weakened, the buyer’s market advantage was slightly enhanced, mainly reflected in the improvement of suppliers’ awareness of profitability. 

Chinese tungsten powder and tungsten carbide powder prices continue to be stable on June 14, 2023 because the depressed atmosphere at the cemented carbide end affects the sentiment of the tungsten raw material market. 

Analysis of latest tungsten market from Chinatungsten Online

The ammonium paratungstate (APT) and tungsten powder prices in the Chinese market are unchanged from the previous trading day on June 13, 2023 affected by the continued weakness in the demand side.