Analysis of latest tungsten market from Chinatungsten Online

On Monday, tungsten prices continued to remain stable, with market liquidity still tight ahead of the Lantern Festival. Overall, production and trading sentiments were cautious. 

Molybdenum market update on february 10, 2025

At the beginning of the week, the domestic molybdenum market as a whole maintained a strong operation. Influenced by factors such as the concentrated tendering for ferromolybdenum by steel enterprises, strong support from production costs, and limited supply of market spot, holders basically maintained stable quotations.

Analysis of latest tungsten market from Chinatungsten Online

The tungsten market remains calm, with some lingering holiday effects. The primary focus recently has been on export control measures, but their actual impact on both the supply and demand sides of the tungsten industry will take time to observe. As a result, market sentiment remains cautious, and tungsten prices are holding steady.

In the first week after the Chinese New Year, Chinese rare earth market showed strong overall performance, with many mainstream products continuing their pre-holiday upward trend. This was primarily driven by increased inquiries from downstream users, strong production cost support, slow growth in spot supply, and positive market expectations.

In the first week after the Chinese New Year, the domestic molybdenum market remained generally stable but showed a slight downward trend. 

Analysis of latest tungsten market from Chinatungsten Online

Tungsten prices remain stable, with the latest quotes for tungsten raw materials from institutions and large tungsten enterprises being announced, either steady or slightly adjusted upwards. 

The domestic rare earth market is experiencing a situation where prices are rising but actual transactions remain limited. Several factors are influencing this trend, including the slow pace of production capacity release by rare earth manufacturers, low willingness of suppliers to sell, and an increase in downstream inquiries. 

The domestic molybdenum market remains stable, with a balanced supply-demand relationship and limited policy impact. As a result, traders are adopting a cautious wait-and-see approach, leading to low market activity and slow order growth.

Analysis of latest tungsten market from Chinatungsten Online

On the first trading day after the Chinese New Year, tungsten prices remained stable. 

According to Reuters, India's Finance Minister Nirmala Sitharaman stated during her annual budget speech on February 1st that India has scrapped customs duties on waste and scrap from a dozen critical minerals, including those of antimony, cobalt, tungsten, copper, lead, zinc, as well as waste and scrap of lithium-ion battery.