China’s overall domestic molybdenum market is still showing a fluctuating and downward trend. Under the mutual influence of many positive and negative factors, buyers’ consumption is slightly more exhausted than before and after the Spring Festival. 

Analysis of latest tungsten market from Chinatungsten Online

China tungsten price moved down slightly in the week ended on Friday March 10, 2023 greatly affected by the decline in new guide prices from association and tungsten companies for the first half of this month. 

Analysis of latest tungsten market from Chinatungsten Online

At the beginning of the week, China tungsten price remained stable when the market continues to be in a stalemate.

Rare earth market quotation in China: praseodymium oxide, gadolinium oxide and holmium oxide prices continue to be weak on March 13, 2023 mainly due to the fact that magnetic material companies basically consumed inventories and most rare earth manufacturers released production capacity and basically returned to normal.