Analysis of latest tungsten market from Chinatungsten Online

Tungsten prices remain at high levels, with the market overshadowed by a strong holiday atmosphere. Overall production and business activities have decreased, and trading sentiment is subdued.

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

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. 

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