Analysis of latest tungsten market from Chinatungsten Online

Chinese tungsten powder and tungsten carbide powder prices continue to be stable affected by the weak demand as well as the stabilization of new guide prices from listed tungsten companies for the second half of June 2023. 

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. 

Rare earth market quotation in China: holmium oxide, neodymium oxide and praseodymium neodymium oxide prices edge higher on June 21, 2023. Under the weak balance between supply and demand, buyers and sellers have low agreement in negotiations. 

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.