The overall rare earth market in China has performed relatively well this week, with many product prices experiencing fluctuations and upward trends.

Analysis of latest tungsten market from Chinatungsten Online

China tungsten prices have recently been in a firm range, primarily supported by tight supply at the mining end and a roughly 3% mid-month increase in long-term contract prices from major tungsten enterprises.

Chinese molybdenum market has remained stable, with fierce price negotiations between buyers and sellers due to a mix of positive and negative factors. As a result, many product prices have shown little change, though transaction volumes have been decent. 

Analysis of latest tungsten market from Chinatungsten Online

The tungsten market is experiencing a stalemate with an upward trend. On the supply side, the tight availability of mineral resources and limited operating rates at smelters are driving strong price support, while on the demand side, restocking sentiment remains weak. Market negotiations between buyers and sellers are ongoing, but overall transaction volumes have not significantly increased.