The overall rare earth market in China is relatively weak. Apart from the widespread decline in mainstream light and heavy rare earth prices, this is also reflected in the lack of enthusiasm among traders and the scarcity of new orders. In this situation, some industry insiders predict that the market is unlikely to rebound in the short term.

Analysis of latest tungsten market from Chinatungsten Online

At the beginning of the week, China tungsten prices remained stable, with the market's fundamental still in a deadlock. The coordination between supply and demand was not high, and the complex macroeconomic situation remained unchanged.

The overall Chinese domestic molybdenum price is showing a pattern of bottoming out and rebounding on November 29, 2023. 

At the beginning of the week, the overall situation in China’ s rare earth market showed slight improvement.