At the start of the week, the domestic molybdenum market continues to operate steadily.

This week, the Chinese rare earth market exhibited a pattern of decline followed by a rebound. 

Analysis of latest tungsten market from Chinatungsten Online

Tungsten prices remain stable as primary markets show signs of recovery and increased willingness to explore higher prices. 

The Chinese molybdenum market remained relatively stable in the week ended on Friday, December 27, 2024. With molybdenum mining enterprises showing low willingness to cut prices and downstream users maintaining their price-suppression attitudes, trading activity was moderate, and product prices fluctuated within a reasonable range.