Chinese rare earth market is currently caught in a dilemma, influenced by factors such as the difficulty in increasing downstream demand, continuous release of manufacturing capacity by producers, and tight capital conditions. 

China molybdenum price is currently consolidating within a narrow range, influenced by a relative balance in supply and demand. The difficulty in raising raw material prices for suppliers and limited bargaining space for purchasers have contributed to a slowdown in market transactions compared to the early days of this month.

At the beginning of the week, Chinese tungsten prices maintained a stable trend, with mining maintaining a resilient stance and alloy sectors cautiously negotiating for purchases. Intermediate smelting companies faced pressure from both ends, resulting in slow overall resource circulation and a trading deadlock.

Analysis of latest tungsten market from Chinatungsten Online

China tungsten price remain in a phase of stabilization with a standstill post the New Year. The market continues to exhibit caution, with mining maintaining resilience and purchasers adopting a wait-and-see approach, resulting in limited surprises and heightened observation.

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.