Analysis of latest tungsten market from Chinatungsten Online

China tungsten prices remained stable in the week ended on Friday, January 17, 2025, with market activity increasingly subdued and sentiment leaning towards cautious observation of both bullish and bearish factors. 

At the beginning of the week, the domestic molybdenum market remained stable, with prices holding steady. As the Lunar New Year approaches, traders have become less active in market operations, adopting a cautious wait-and-see attitude. This has resulted in little change in product prices and slow order growth.

At the start of the week, domestic rare earth prices were largely stable, with minor declines in specific areas.

Analysis of latest tungsten market from Chinatungsten Online

The tungsten market remains stable, with a "high price but low activity" trend seen before the holiday. The supply side supports a tight supply and high price outlook, while large-scale downstream procurement has not appeared, leading to an overall market stalemate.