Chinese rare earth prices showed a pattern of first decline and then rebound. At the beginning of the week, affected by the slow downstream demand follow-up and the tentative price increase of mainstream products near the end of last week, suppliers were offering discounts.

Analysis of latest tungsten market from Chinatungsten Online

China tungsten price continues to stabilize at high levels, with cost considerations remaining dominant. 

Chinese molybdenum prices continued the trend of slight downward fluctuations in the week ended on Friday March 22, 2024. 

Analysis of latest tungsten market from Chinatungsten Online

China tungsten prices remain stable with consolidation, although consumption conditions outside of essential demand are not ideal, the support from cost considerations forces smelters and downstream alloy companies to reluctantly raise their prices.