At the beginning of the week, Chinese rare earth prices continued the downward trend observed last week. Specifically, the price of praseodymium oxide decreased by approximately 2,000 yuan/ton, neodymium metal by about 4,000 yuan/ton, terbium oxide by around 50 yuan/kg, and dysprosium oxide by approximately 30,000 yuan/ton. 

Analysis of latest tungsten market from Chinatungsten Online

China tungsten prices continue to consolidate in a horizontal range, with intensified market competition. 

At the beginning of the week, Chinese molybdenum market remained stable, with a relatively balanced supply and demand situation. The negotiation atmosphere between buyers and sellers appeared somewhat stagnant, resulting in a moderate increase in orders and minimal price fluctuations for products. 

Chinese rare earth market has performed poorly, with limited downstream demand and gradually weakening support from positive factors, leading some suppliers to rationally lower their quotes and resulting in a reduced actual transaction volume.