Molybdenum market quotation: the latest price of molybdenum concentrate, molybdenum oxide and sodium molybdate was unchanged from the previous day as the domestic molybdenum market maintained stability last week. 

According to the report on August 16, the 44th World Skills Competition entitled "Skill Olympics" will be held in Abu Dhabi from October 15-18, 2017.

Analysis of latest tungsten market in China from Chinatungsten Online: Domestic tungsten market starts to become active from the middle of November. With the decreasing of cheap resources, enquiry from downstream enterprises increases and manufacturers are reluctant to sell for higher prices. The price of raw materials is now the focus of the market.

Rare earth market quotation: rare earth price continues to remain weak adjustment due to quiet rare earth market and deadlocked mentality both in sellers and buyers. In the first half of this year, rare earth market showed good momentum owing to stricter environmental protection. 

Molybdenum market quotation: The latest price of molybdenum concentrate, molybdenum oxide increases slightly, and sodium molybdate price remains unchanged. A new round of steel biddings starts again and purchased prices mainly concentrate on RMB 93,000-95,000/tonne. Market trading becomes active, and supported by tight raw material supply, the price rise slightly.

Shares of China Tungsten and Hightech Mtrls Co Ltd (SHE:000657) last traded at 12.91, representing a move of 0.23%, or 0.03 per share, on volume of 572,900 shares. After opening the trading day at 12.98, shares of China Tungsten and Hightech Mtrls Co Ltd traded in a close range. China Tungsten and Hightech Mtrls Co Ltd currently has a total float of shares and on average sees shares exchange hands each day. The stock now has a 52-week low of 10.93 and high of 17.34.

Tungsten Mining has signed a nonbinding memorandum of understanding (MoU) with China’s Xiamen Tungsten Company (XTC) over the Mt Mulgine project, in Western Australia.

Analysis of latest tungsten market in China from Chinatungsten Online: Affected by the environmental protection policy, raw materials are in short supply and production costs are rising, and then tungsten manufacturers wait the time for rising product prices. But with the limitation of purchasing capacity in the downstream market, the market has very little enthusiasm in buying and selling goods.

Rare earth market quotation: Chinese rare earth price is in downward trend. Europium oxide price edges up while the price of praseodymium oxide, neodymium oxide and cerium oxide declines slightly. 

Molybdenum market quotation: Chinese molybdenum price tends to be back on the rise supported by tight supply of raw materials and high environmental protection costs. But the actual transaction price of molybdenum concentrate, molybdenum oxide and ferro molybdenum still stabilizes.