This week, Chinese molybdenum prices have remained relatively stable with no significant fluctuations. Amid the interplay of various factors affecting the market, there has been intense price bargaining between buyers and sellers. As a result, market trading activity remains subdued, with relatively low actual transaction volumes.

Analysis of latest tungsten market from Chinatungsten Online

The tungsten prices in the Chinese market remain stable in early September 2023 with listed tungsten enterprises and Ganzhou Tungsten Association (GTA) releasing their guide prices for September 2023. 

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 September 5, 2023 with market confidence weakening. 

Rare earth market on September 6, 2023: the overall domestic rare earth market is relatively good, mainly reflected in the sharp jump in the prices of mainstream light and heavy rare earth raw materials and the increase in market inquiries. 

China’s overall domestic molybdenum market is in a dilemma on September 6, 2023 mainly due to the general demand from downstream users and the low spot inventory in the market. 

Analysis of latest tungsten market from Chinatungsten Online

At the beginning of the week, China tungsten price remains stable with subdued market trading sentiment as participants are waiting for the new guide prices from China’s Ganzhou Tungsten Association (GTA) and major tungsten enterprises. 

Analysis of latest tungsten market from Chinatungsten Online

China tungsten price remained stable in the week ended on Friday, September 1, 2023, with a slight easing of bullish sentiment on the supply side and a persistently strong bargaining atmosphere on the demand side. 

At the beginning of the week, China rare earth prices were partially stable, and some rose slightly, mainly due to the fact that downstream users basically maintained rigid demand purchases and suppliers had a strong sense of price stand-up. 

At the beginning of the week, China molybdenum prices fluctuated in a narrow range, mainly due to the general demand of downstream users and the low willingness of suppliers to make price concessions. 

Analysis of latest tungsten market from Chinatungsten Online

In August 2023, Chinese tungsten price showed an overall trend of stability with a slightly upward movement. The main positive factors stem from the reluctance of suppliers to sell at lower prices, while intermediate manufacturers and traders show an increased inclination to explore price hikes driven by rising costs.