Consolidation in China Tungsten Prices Amid Weak Month-End Sentiment

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Analysis of latest tungsten market from Chinatungsten Online

China tungsten prices are consolidating, with a slightly weak sentiment at month-end primarily due to the need for corporate fund adjustments and profit-taking for cash realization. 

Read more: Consolidation in China Tungsten Prices Amid Weak Month-End Sentiment

China Tungsten Prices Became Weak in the Last Week of May 2024

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Analysis of latest tungsten market from Chinatungsten Online

This week, China tungsten prices entered a period of weak consolidation, mainly due to emotional disturbances and marginal adjustments in market supply and demand. 

Read more: China Tungsten Prices Became Weak in the Last Week of May 2024

Molybdenum Prices - May 29, 2024

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The domestic Chinese molybdenum market is overall maintaining stable operations, with intense price negotiations between buyers and sellers due to a relatively balanced supply-demand relationship. 

Read more: Molybdenum Prices - May 29, 2024

Dysprosium Oxide Price – May 29, 2024

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The overall situation in the domestic rare earth market continues to be relatively weak. Despite the support from gradually strengthening production cost support, the good development of downstream industries such as wind power generation, and the continuous emergence of favorable news, many suppliers have a strong inclination to hold prices. 

Read more: Dysprosium Oxide Price – May 29, 2024

China Tungsten Prices Experienced a Slight Pullback in Late May 2024

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Analysis of latest tungsten market from Chinatungsten Online

At the beginning of the week, China tungsten prices experienced a slight pullback, with the overall long-term bullish sentiment in the market largely unchanged. 

Read more: China Tungsten Prices Experienced a Slight Pullback in Late May 2024

 

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