At the beginning of the week, China rare earth price remained stable on the whole, with some rising slightly, mainly due to the fact that downstream users basically maintained just-needed replenishment and some spot supplies in the market had tightened. 

Analysis of latest tungsten market from Chinatungsten Online

Chinese tungsten market keeps quiet on May 11, 2023 as the demand side does not become active and most raw material suppliers consider profit-taking. 

At the beginning of the week, China molybdenum price showed a pattern of bottoming out and rebounding, mainly due to the increasing enthusiasm of downstream users for inquiries and purchases. 

China rare earth market was mixed in the week ended on Friday, May 12, 2023. Under the interweaving of negative and positive factors, the price trends of light rare earth, heavy rare earth and their permanent magnet materials have some divergences, that is, the market of praseodymium and neodymium rises first and then stabilizes, and the market of dysprosium and terbium goes up and down while the NdFeB blank market maintained stable operation.