This week, Chinese rare earth prices have fluctuated within a narrow range. Due to prolonged weak demand from downstream sectors and relatively abundant spot supply in the market, it has been challenging for rare earth product prices to increase. 

Analysis of latest tungsten market from Chinatungsten Online

The trend in tungsten prices shows divergent movements.

This week, Chinese molybdenum prices have shown no significant changes, with prices for molybdenum concentrate, ferromolybdenum, and ammonium heptamolybdate remaining steady at around 3,750 yuan per ton, 242,000 yuan per ton, and 234,000 yuan per ton, respectively. 

Analysis of latest tungsten market from Chinatungsten Online

China tungsten prices are holding steady, with strong quotations from the mining sector, but demand remains relatively sluggish.