At the beginning of the week, Chinese rare earth prices fluctuated within a narrow range, influenced by various factors. 

At the beginning of the week, Chinese molybdenum prices showed consolidation within a narrow range. Despite the challenges posed by relatively high molybdenum product prices and declining international molybdenum prices, the domestic molybdenum market faced difficulties in rekindling momentum. 

Analysis of latest tungsten market from Chinatungsten Online

China tungsten price continues to maintain stable, with a prevalent observation of sellers being cautious and adopting a wait-and-see approach. Industry players are currently focusing on the progress of downstream inventory replenishment before the Spring Festival. However, there is a limited increase in new order volumes at present.

This week, the overall domestic rare earth prices in China continued the significant decline from the previous week. 

This week, China molybdenum prices exhibited a pattern of initial increase followed by a decline. At the beginning of the week, influenced by the reasonable prices for steel purchases and a strong willingness among suppliers to maintain prices, molybdenum prices continued the slight upward trend from the previous week. 

Analysis of latest tungsten market from Chinatungsten Online

The tungsten price trend is currently stabilizing, and the specific directional news after the New Year is still unclear. 

Analysis of latest tungsten market from Chinatungsten Online

Chinese tungsten prices are consolidating, and recent trading activity in the market has been limited. 

The overall focus of Chinese rare earth price has once again significantly shifted downward. 

The overall Chinese molybdenum price has seen further increases, primarily reflected in the continuously rising prices of molybdenum concentrates and the active procurement inquiries from downstream users.

Analysis of latest tungsten market from Chinatungsten Online

The first round of price guidance from China’s Ganzhou Tungsten Association (GTA) and large tungsten enterprises in 2024 has been released, indicating a sideways trend in the tungsten market.