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.

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. 

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

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.