Analysis of latest tungsten market from Chinatungsten Online

In July 2023, China tungsten price generally showed a stable but weak trend mainly due to the fact that the pressure on the margin of demand has not improved, the upward resistance of the market economy has increased affected by the external shock environment and high temperature and rainy weather. 

Molybdenum market quotation in China: sodium molybdate, ammonium molybdate and ammonium heptamolvbdate prices edge higher on August 3, 2023. 

Rare earth market quotation in China: terbium oxide price declines slightly while holmium oxide and dysprosium oxide prices remain unchanged on August 2, 2023. 

Analysis of latest tungsten market from Chinatungsten Online

At the beginning of the week, China tungsten price keeps stable on relatively tight supply of raw materials in the market. in the short term, market participants will wait and see the long-term contract prices from listed tungsten enterprises.