Analysis of latest tungsten market from Chinatungsten Online

Tungsten prices have risen again at the lunar year’s end, primarily due to tight supply in the tungsten ore sector, a condition expected to persist until after the Lantern Festival. Market sentiment may remain volatile through the National People’s Congress sessions. 

The Chinese rare earth market remained relatively calm, with low trading activity among merchants resulting in stable product prices and increasingly sluggish transactions.

Chinese molybdenum prices fluctuated within a reasonable range, while market transaction growth remained slow. 

Analysis of latest tungsten market from Chinatungsten Online

China tungsten prices remained steady on January 20, 2025. 

Analysis of latest tungsten market from Chinatungsten Online

China tungsten prices remained stable in the week ended on Friday, January 17, 2025, with market activity increasingly subdued and sentiment leaning towards cautious observation of both bullish and bearish factors. 

At the start of the week, domestic rare earth prices were largely stable, with minor declines in specific areas.

At the beginning of the week, the domestic molybdenum market remained stable, with prices holding steady. As the Lunar New Year approaches, traders have become less active in market operations, adopting a cautious wait-and-see attitude. This has resulted in little change in product prices and slow order growth.

Analysis of latest tungsten market from Chinatungsten Online

The tungsten market remains stable, with a "high price but low activity" trend seen before the holiday. The supply side supports a tight supply and high price outlook, while large-scale downstream procurement has not appeared, leading to an overall market stalemate.

This week, Chinese rare earth prices have shown an upward trend overall. 

The Chinese molybdenum market remains firm overall, with intense price negotiations between buyers and sellers. The contradiction between the difficulty of securing low-cost materials and the stagnant steel bidding prices has led to narrow price fluctuations and slow order growth.