Analysis of latest tungsten market from Chinatungsten Online

The tungsten price continues to stabilize, with the market fundamentals maintaining a stalemate. Cost pressures are passively driving smelters to follow price increases, but there are fewer transactions at higher levels. While the overall macroeconomic situation in China remains positive, the global economic pressure amid geopolitical tensions casts uncertainty over tungsten consumption. 

Analysis of latest tungsten market from Chinatungsten Online

China tungsten price maintains a stable trend, with a stagnant atmosphere in the market trading. The tungsten raw material market, dominated by mines, maintains a strong stance of holding goods, especially with recent intensified environmental regulations in China. Suppliers are predominantly holding firm to market prices.

Analysis of latest tungsten market from Chinatungsten Online

Tungsten prices are in a stable period, with market support coming from the strong stance of suppliers at the mining end. Demand remains flexible, with spot market trading generally conducted on a need-to basis, resulting in limited transaction orders.

Chinese rare earth market is overall maintaining weak stability, mainly manifested in low enthusiasm among traders, no significant changes in product prices, and slow growth in orders. It is worth mentioning that the recent sharp declines and minor increases in rare earth prices have attracted widespread attention within the industry.