After the first week back from the Spring Festival holiday, Chinese rare earth price overall showed a pattern of stability followed by a decline. 

Analysis of latest tungsten market from Chinatungsten Online

The tungsten powder and ammonium paratungstate (APT) prices in the Chinese market show stability with slight upward exploration. Firstly, this is based on the relatively favorable new round of long-term contract prices from large tungsten enterprises. 

After the first week following the holiday, Chinese molybdenum price overall presented a pattern of stability followed by an increase. This is mainly attributed to the high bullish sentiment among molybdenum mining companies, the concentrated procurement of ferro molybdenum by steel companies, and the fluctuation in international molybdenum prices. 

Analysis of latest tungsten market from Chinatungsten Online

China tungsten price maintains stable on February 20, 2024. On one hand, this is due to the lingering holiday atmosphere, with industry enterprises not yet fully resuming operations.