Analysis of latest tungsten market from Chinatungsten Online

China tungsten prices have generally been under pressure and adjusting downward in the week ended on Friday, September 20, 2024, with no significant improvement in market fundamentals. 

Chinese rare earth prices continued to rise slightly, with the prices of praseodymium-neodymium oxide, praseodymium-neodymium metal, and terbium oxide increasing by approximately 8 ,000 RMB/ton, 5,000 RMB/ton, and 90 RMB/kg, respectively.

The domestic molybdenum market showed an overall trend of stability with a slight weakening. This was mainly reflected in varying degrees of price declines across several molybdenum products and limited spot trading volume. 

Analysis of latest tungsten market from Chinatungsten Online

China tungsten prices have shown a weakening trend recently, with market confidence lacking. 

Chinese rare earth market is characterized by high prices but low transaction volumes. 

Chinese molybdenum market continues to operate in a consolidation phase. While downstream demand remains strong, downward pricing pressure persists, with suppliers generally maintaining firm price quotes.

Analysis of latest tungsten market from Chinatungsten Online

China tungsten prices remain weak but stable, with firm quotations from mining sources,

Analysis of latest tungsten market from Chinatungsten Online

China tungsten prices generally exhibited a weak adjustment trend in the week ended on Saturday, September 14, 2024. 

Chinese rare earth price remained largely stable, with no significant shift in price trends as both bullish and bearish factors balanced each other out. Negotiations between buyers and sellers appeared to be at a standstill, resulting in a slow increase in orders.

Chinese molybdenum market remained stable, with limited fluctuations in product prices as the market resumed after the Mid-Autumn Festival holiday. Many traders showed low enthusiasm for market participation, contributing to a cautious atmosphere.