China rare earth price has not changed significantly on May 8, 2023. In the case of an oversupply of on-site spot goods, traders are not in a good mood to enter the market and basically focus on rigid demand transactions. 

Analysis of latest tungsten market from Chinatungsten Online

China’s ammonium paratungstate (APT) and tungsten powder prices keep firm on May 5, 2023 mainly due to the strong rised mentality of tungsten raw material suppliers as well as the expected increase of long-term contract prices for the first half of May 2023. 

At the beginning of the week, the overall domestic molybdenum market was quiet. 

China’s domestic rare earth market maintains a weak and stable operation on May 6, 2023. Under the interweaving of many positive and negative factors, the negotiation atmosphere between buyers and sellers is slightly stalemate.