This week, Chinese rare earth prices have shown mixed trends. Amid intense price negotiations between buyers and sellers, market trading sentiment remains subdued with low transaction volumes. Currently, industry players are primarily focused on the allocation of rare earth quotas for the second half of the year.

Analysis of latest tungsten market from Chinatungsten Online

China tungsten price exhibits a sideways consolidation pattern, with the market lacking clear momentum for a bottom rebound. 

This week, the overall domestic molybdenum market has been generally stable. Although some molybdenum product prices have shown a downward adjustment due to low steel company bids, the reduction has been minor. This is mainly due to satisfactory downstream inquiries, strong production cost support, and limited market spot supply.

Analysis of latest tungsten market from Chinatungsten Online

Tungsten prices in the Chinese market are exhibiting a weak stability trend, with the market fundamentals still locked in a stalemate.