The overall performance of China’s domestic rare earth market is uncertain this week. Under the influence of many uncertain factors, the price game between buyers and sellers is fierce. It is mainly reflected in the stable and strong rare earth prices at the beginning of the week.

Analysis of latest tungsten market from Chinatungsten Online

China tungsten price continues its stability on February 23, 2022 in the wake of rational purchasing sentiment of buyers and prominent cost pressure faced by manufacturers. In the short term, the market is expected to be quiet when opportunities and risks coexist on the policy side.

This week, China’s domestic molybdenum market was tepid on the whole. Affected by the weak supply and demand, the negotiation atmosphere between buyers and sellers was a little stalemate, mainly reflected in the difficult rise and fall of molybdenum price, the rigidity of transactions and the uncertain market outlook.

Group 6 Metals (G6M) is committed to redeveloping its Dolphin tungsten mine in an environmentally sustainable manner, with environmental protection at the core of its activities.