Chinese rare earth market is currently caught in a dilemma, influenced by factors such as the difficulty in increasing downstream demand, continuous release of manufacturing capacity by producers, and tight capital conditions. 

At the beginning of the week, Chinese tungsten prices maintained a stable trend, with mining maintaining a resilient stance and alloy sectors cautiously negotiating for purchases. Intermediate smelting companies faced pressure from both ends, resulting in slow overall resource circulation and a trading deadlock.

China molybdenum price is currently consolidating within a narrow range, influenced by a relative balance in supply and demand. The difficulty in raising raw material prices for suppliers and limited bargaining space for purchasers have contributed to a slowdown in market transactions compared to the early days of this month.

Analysis of latest tungsten market from Chinatungsten Online

China tungsten price remain in a phase of stabilization with a standstill post the New Year. The market continues to exhibit caution, with mining maintaining resilience and purchasers adopting a wait-and-see approach, resulting in limited surprises and heightened observation.