At the beginning of the week, Chinese molybdenum market maintained a weak and stable performance. With strong price pressure from downstream users and a rapid increase in market spot inventory, many suppliers lacked confidence in raising prices. 

Chinese rare earth prices have fluctuated within a narrow range in the week ended on Friday October 25, 2024. 

Analysis of latest tungsten market from Chinatungsten Online

The tungsten price remains in a stagnant and sideways trend, with market fundamentals showing a tug-of-war. 

Chinese molybdenum market has shown a generally weak trend in the week ended on Friday October 25, 2024, reflected in varying degrees of price declines for mainstream molybdenum products, an increase in traders' wait-and-see sentiment, and a slowdown in the growth rate of orders compared to previous periods.