This week, Chinese rare earth market remained stable, with limited trading activity and low transaction volumes. Supply-side sellers held strong bullish sentiment, while downstream demand from end-users continued to show little improvement. According to China Tungsten Online, suppliers’ confidence in maintaining stable prices is supported by several factors:

Analysis of latest tungsten market from Chinatungsten Online

The tungsten price remains stable, and a new round of quotes from institutions and tungsten companies were released at the beginning of the month, which is overall in line with the current market situation and has boosted the sentiment of participants.

This week, China molybdenum price remained steady overall, with transaction prices for molybdenum oxide, ferromolybdenum, and ammonium tetramolybdate hovering around 3,840 yuan per ton, 242,000 yuan per ton, and 230,000 yuan per ton, respectively.

Analysis of latest tungsten market from Chinatungsten Online

China tungsten price remains stable for now, with the latest round of long-term contract prices from tungsten companies showing limited increases. This has suppressed the market's bullish sentiment and negotiations on prices, with industry players waiting for the announcement of guide prices from other large enterprises.