At the beginning of the week, Chinese tungsten prices maintained a stable trend, with mining maintaining a resilient stance and alloy sectors cautiously negotiating for purchases. Intermediate smelting companies faced pressure from both ends, resulting in slow overall resource circulation and a trading deadlock.

At the beginning of the week, Chinese rare earth prices fluctuated within a narrow range, influenced by various factors. 

Analysis of latest tungsten market from Chinatungsten Online

China tungsten price remain in a phase of stabilization with a standstill post the New Year. The market continues to exhibit caution, with mining maintaining resilience and purchasers adopting a wait-and-see approach, resulting in limited surprises and heightened observation.

At the beginning of the week, Chinese molybdenum prices showed consolidation within a narrow range. Despite the challenges posed by relatively high molybdenum product prices and declining international molybdenum prices, the domestic molybdenum market faced difficulties in rekindling momentum.