As of December 20, 2023, the overall Chinese rare earth market is maintaining a relatively weak operation. Specifically, there is a decrease of approximately 6,000 yuan/ton for praseodymium-neodymium oxide, a decrease of approximately 5,000 yuan/ton for praseodymium-neodymium metal, and a decrease of approximately 2,000 yuan/ton for gadolinium oxide. 

Analysis of latest tungsten market from Chinatungsten Online

At the beginning of the week, Chinese tungsten prices remained stable when the market continued to be influenced by the ongoing negotiation dynamics between supply and demand fundamentals and spot transactions. 

As of December 20, 2023, the overall focus of the Chinese molybdenum market has noticeably shifted upwards. Influenced by factors such as satisfactory downstream demand and a favorable international molybdenum market, suppliers' willingness to hold off sales and support prices has generally increased. 

Analysis of latest tungsten market from Chinatungsten Online

China tungsten prices show a stable upward movement in the week ended on Friday, December 15, 2023, mainly driven by the reluctance of sellers in the tungsten primary market to sell at lower prices.