Analysis of latest tungsten market from Chinatungsten Online

Tungsten prices remain steady and firm as the Chinese New Year approaches. Reports of holiday shutdowns and maintenance at mines have tightened supply, providing strong market support. However, weak demand and cautious consumer sentiment have limited new orders, leading to a slowdown in overall market activity.

The Chinese molybdenum market remains stable, with supply and demand relatively balanced and no significant positive developments in the market. Trading sentiment is somewhat stagnant, leading to average transaction levels. Market participants are focused on when the current stalemate might end.

Chinese rare earth prices have continued to edge upward, with neodymium oxide prices increasing by approximately 4,000 yuan/ton, praseodymium-neodymium metal prices rising by about 1,000 yuan/ton, terbium oxide prices climbing by roughly 1,000 yuan/kg, and dysprosium oxide prices up by about 10,000 yuan/ton. 

Analysis of latest tungsten market from Chinatungsten Online

China tungsten prices remained stable as the market balanced tight supply and demand with a complex macroeconomic and geopolitical environment.