Analysis of latest tungsten market from Chinatungsten Online

At the beginning of the week, China’s domestic tungsten price showed a steady trend as the global energy supply problem caused by the epidemic and emergencies continued. 

At the beginning of the week, China’s overall domestic rare earth market was still improving. Under the combined effect of the difficulty in increasing the supply of raw materials and the acceptable downstream demand, the seller's market has a greater advantage, which is mainly reflected in the rising prices of mainstream products and the considerable growth in orders. 

Analysis of latest tungsten market from Chinatungsten Online

China tungsten price was in the upward trend in the first trading week of 2022 began on Tuesday January 4 in the wake of an increase of new guide prices from association and listed tungsten companies for this month. 

At the beginning of the week, China’s domestic molybdenum market continued the steady and positive trend of last week. Under the influence of many uncertain factors, the consumer market gradually shifted from a buyer's market to a seller's market.