The domestic Chinese molybdenum market as a whole maintains a stable operation. With the small profit margin of raw material suppliers and the low consumption enthusiasm of buyers, the market is in a wait-and-see mood and the order growth rate is slow. At present, the industry focuses on the shipment of mining enterprises and the performance of steel bidding volume and price.

Analysis of latest tungsten market from Chinatungsten Online

China tungsten prices exhibited a pattern of initial decline followed by stabilization. 

Analysis of latest tungsten market from Chinatungsten Online

On the first day after the Dragon Boat Festival, China tungsten prices were temporarily stable. 

The overall domestic rare earth market is still weak. Under the influence of many uncertain factors, the price trends of light and heavy rare earth products are slightly different, that is, the price of praseodymium and neodymium remains stable, while the price of dysprosium and terbium continues to decline slightly.