Chinese rare earth price remains within a narrow range of fluctuation, as a balance between positive and negative factors keeps buyers cautious and sellers reluctant to lower prices, leading to subdued market activity and limited transaction volumes.

Analysis of latest tungsten market from Chinatungsten Online

China tungsten prices remained stable, as industry participants reached a consensus on the tight supply of tungsten ore, relaxed tungsten smelting capacity, and the surplus in hard alloy supply. However, there is still disagreement over which side holds the pricing power, leading to a competitive market dynamic.

The domestic molybdenum market remains stable with prices consolidating, as the impact of favorable factors gradually weakens and traders have become less active compared to earlier periods, leading to moderate transaction volumes. 

Analysis of latest tungsten market from Chinatungsten Online

In the first trading week after the National Day holiday, the tungsten price market remained stable.