Rare earth market quotation in China: the latest prices of praseodymium oxide, europium oxide and praseodymium neodymium oxide are unchanged from last week on continued weak buying interests. The deadlocked supply and demand is hard to be eased while the policy side remains quiet. Market participants wait and see the next move in November. 

Analysis of latest tungsten market from ChinaTungsten Online

Both the tungsten raw material and ammonium paratungstate markets continue to be cautious about the trading amid concerns of supply disruptions due to continued environmental inspections in China.

Opening this week, Chinese molybdenum prices continue to be stable. The tight supply of raw materials raises molybdenum concentrate sellers’ rised mentality. Large steel tenders of steel mills at the end of this month also tighten market supply, but inquiry increases and ferro molybdenum manufacturers are positive about the outlook. Offers for molybdenum chemical products keep firm, supported by costs and supply. However, traders become cautious to purchase high-price molybdenum raw materials. 

The latest prices of terbium oxide, praseodymium oxide, lanthanum oxide and praseodymium neodymium metal decline slightly in the week to Friday October 26. Due to thin trading volumes, buyers forcing prices down and lowered listing prices of large enterprises, benefits from environmental inspection and cost have been weakened.