Tungsten probes are commonly used for wafer testing due to several advantageous properties that make them suitable for this application:

In the first week back after the New Year in 2024, the overall performance of the Chinese rare earth market is relatively poor, with a general decline in the prices of mainstream light and heavy rare earth raw materials and limited actual transaction volume. 

In the first week after the New Year's Day in 2024, the Chinese molybdenum market performed well. Besides a significant increase in the prices of mainstream molybdenum products, the market trading atmosphere was relatively active. 

Analysis of latest tungsten market from Chinatungsten Online

The tungsten price is overall maintaining a stable situation, with market consumption sentiment yet to be established after the New Year. On the raw material side, due to a supportive stance and cost considerations, suppliers are maintaining steady quotations, observing the actual stocking situation before the Spring Festival.

The overall Chinese rare earth prices continue to shift downward on January 4, 2024. Notably, the prices of neodymium praseodymium oxide have dropped to around 435,000 yuan/ton, terbium oxide to around 7,200 yuan/kg, and dysprosium oxide to around 2,440,000 yuan/ton. 

The domestic Chinese molybdenum market is relatively favorable, influenced by news of reduced production or shutdowns in some northern mines on January 4, 2024. This has led to an increase in downstream user inquiries and purchasing enthusiasm, subsequently prompting molybdenum concentrate suppliers to adopt a firm pricing stance. 

Tungsten Product Price Trends in 2023:

In 2023, as the first year of economic recovery after the transition phase of COVID-19 prevention and control, industry insiders and external observers had high expectations for the restoration of market economy and industry production and consumption. 

Molybdenum Market Trends in China for 2023

The molybdenum market in China for 2023 shows similarities with the international molybdenum market, characterized by significant fluctuations, according to Chinatungsten Online's overall market perception. 

Analysis of latest tungsten market from Chinatungsten Online

Chinese tungsten market is currently experiencing no significant fluctuations at the end of December 2023, mainly due to the approaching holiday season leading to reduced market trading activities, coupled with the weak supply and demand situation for tungsten raw materials. Sellers are adopting a wait-and-see approach, and buyers find their negotiation space somewhat narrowed.

Analysis of China's Rare Earth Prices in December 2023

According to information obtained by Chinatungsten Online, the price trend of rare earth products in China in December 2023 showed weakness.