Chinese molybdenum prices remain relatively stable, with molybdenum concentrate, ferromolybdenum, and molybdenum powder prices consolidating at around 3,720 yuan/ton unit, 241,000 yuan/ton, and 435 yuan/kg, respectively. Amid this situation, market participants are focused on when the current stalemate may break, as order growth remains slow.

Analysis of latest tungsten market from Chinatungsten Online

China tungsten prices have shown a firm upward trend in the week ended on Friday November 15, 2024. 

Analysis of latest tungsten market from Chinatungsten Online

Tungsten prices on Monday showed stability, with the market fundamentals continuing to reflect tight supply and weak demand. The transaction stance between buyers and sellers remained stalemated.

At the beginning of the week, the domestic rare earth market remained weak overall. Prices for terbium oxide, holmium oxide, and dysprosium-iron alloy dropped by approximately 70 yuan/kg, 2,000 yuan/ton, and 20,000 yuan/ton, respectively.