At the beginning of the week, the domestic molybdenum market showed relatively positive performance. 

This week, Chinese rare earth market showed a pattern of initial suppression followed by a rebound. At the beginning of the week, influenced by factors such as weak downstream demand, low market prosperity, and strong initiative from suppliers to ship goods, prices of praseodymium, neodymium, dysprosium, and terbium series products saw a significant decrease. 

Analysis of latest tungsten market from Chinatungsten Online

China tungsten prices have entered a relatively stable phase at the end of the year, with market trends primarily observing the supply and demand fundamentals. 

This week, China molybdenum price is showing a downward consolidation, primarily due to poor performance in the international molybdenum market, a slowdown in steel mill bidding, and a slight increase in downstream user price pressure. However, due to support from production costs, suppliers have limited room to offer discounts.