At the beginning of the week, the domestic molybdenum market remained stable, with prices holding steady. As the Lunar New Year approaches, traders have become less active in market operations, adopting a cautious wait-and-see attitude. This has resulted in little change in product prices and slow order growth.

This week, Chinese rare earth prices have shown an upward trend overall. 

Analysis of latest tungsten market from Chinatungsten Online

The tungsten market remains stable, with a "high price but low activity" trend seen before the holiday. The supply side supports a tight supply and high price outlook, while large-scale downstream procurement has not appeared, leading to an overall market stalemate.

The Chinese molybdenum market remains firm overall, with intense price negotiations between buyers and sellers. The contradiction between the difficulty of securing low-cost materials and the stagnant steel bidding prices has led to narrow price fluctuations and slow order growth.