At the beginning of the week, China’s domestic rare earth market remained weak adjustment, primarily characterized by the stability of product prices in some areas, minor decreases in a few instances, and a relatively low number of new orders. 

Analysis of latest tungsten market from Chinatungsten Online

China’s tungsten powder and tungsten bar prices keep stable as the market continues to be caught in wait-and-see atmosphere with limited transactions concluded. 

At the beginning of the week, China’s domestic molybdenum market showed relatively positive trends, mainly reflected in various molybdenum product prices experiencing different degrees of increase, along with increased actual trading volume. 

This week, Chinese rare earth price exhibited a generally stable-to-weak trend. This was primarily reflected in varying degrees of decline in the prices of light and heavy rare earth raw materials, as well as a slow growth in actual orders. In the short term, many traders adopted a cautious wait-and-see approach.