Analysis of latest tungsten market from Chinatungsten Online

The tungsten market remains primarily stable as the Chinese New Year approaches. 

This week, the domestic rare earth market exhibited a trend of initial decline followed by a rebound. 

This week, the domestic molybdenum market performed relatively well. 

Analysis of latest tungsten market from Chinatungsten Online

Tungsten prices have recently shown a steady upward trend, primarily supported by the positive market stance of miners, 

Analysis of latest China tungsten market from Chinatungsten Online

The tungsten products industry is a small segment of the overall economy, akin to a single cell in the organism of society. Therefore, the broader sociopolitical and economic environment inevitably has a decisive impact on the tungsten products sector.

The Chinese rare earth market is performing moderately. Despite strong support from production costs, reduced output from some rare earth manufacturers, and optimistic development prospects in downstream industries, consumer enthusiasm remains low, leading to a scarcity of new orders.

The domestic Chinese molybdenum market continues to operate steadily, with prices showing no significant fluctuations. 

Analysis of latest tungsten market from Chinatungsten Online

China tungsten prices stabilized and consolidated in early January 2025. 

The domestic rare earth market continues to exhibit a "price without transactions" pattern. To mitigate the risk of cost-revenue inversion, some suppliers are showing an increased tendency to raise their quotes.

The domestic molybdenum market continues to remain in a state of stalemate, with traders generally maintaining rigid transactions amid the interplay of bullish and bearish factors, resulting in limited growth in order volume.