Chinese rare earth prices are fluctuating within a narrow range, with the atmosphere of negotiations between buyers and sellers somewhat stagnant due to the mutual influence of positive and negative factors. Consequently, market trading activity remains low, and transaction speeds remain slow.

Analysis of latest tungsten market from Chinatungsten Online

At the beginning of the week, tungsten prices stabilized temporarily as the market adopted a wait-and-see approach. 

Chinese molybdenum market is overall maintaining a stable trend, with weak supply and demand dynamics leading to a subdued trading atmosphere and a reduction in new orders. 

Analysis of latest tungsten market from Chinatungsten Online

In the first trading week of the Year of the Dragon, the tungsten market is in the process of resuming work and production. There is a prevailing sentiment of chasing higher prices in the tungsten raw material sector, supporting overall firmness in tungsten product prices.