Molybdenum Powder Price - March 6, 2024

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The domestic molybdenum market remains robust overall, with conflicting sentiments between molybdenum mining companies' reluctance to sell and steel companies' strong bargaining intentions, resulting in moderate market trading activity and limited new orders. 

Read more: Molybdenum Powder Price - March 6, 2024

China Tungsten Price Maintains Stability in Early March 2024 Amid Consolidation

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Analysis of latest tungsten market from Chinatungsten Online

At the beginning of the week, China tungsten price remained stable as the market consolidated. 

Read more: China Tungsten Price Maintains Stability in Early March 2024 Amid Consolidation

Chinese Rare Earth Price - March 4, 2024

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At the beginning of the week, Chinese rare earth price showed a downtrend trend, mainly due to factors such as slow purchasing pace of downstream users, strong resilience of manufacturers' production capacity, ample market spot supply, the month-on-month decline in the listing price of Northern Rare Earths, and news of Apple abandoning its car-making plans. 

Read more: Chinese Rare Earth Price - March 4, 2024

China's Tungsten Market Showed a Stable and Upward Trend in February 2024

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Analysis of latest tungsten market from Chinatungsten Online

In February 2024, the overall trend of China's tungsten market showed a stable and upward trend. The main factors supporting the market were the reluctance of tungsten mines to sell and support the market. 

Read more: China's Tungsten Market Showed a Stable and Upward Trend in February 2024

Chinese Molybdenum Market Shows Overall Stability with a Slight Strength Bias

molybdenum sheets image

At the beginning of the week, Chinese molybdenum market presented a stable but slightly stronger pattern, primarily attributed to the optimistic sentiment of mining companies towards holding sales. 

Read more: Chinese Molybdenum Market Shows Overall Stability with a Slight Strength Bias

 

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