At 12:50 on November 21st, our new generation launch vehicle, long march six, was successfully launched at the Taiyuan satellite launch center. This is the first commercial launching mission of the long march six launch vehicle following the successful first flight in 2015. The launch was carried out in an arrow and Samsung way, successfully sending three "Jilin One" video satellites to the intended orbit.

The latest price of europium oxide, praseodymium oxide and praseodymium neodymium oxide is unchanged from last week. Affected by the off season and relatively large inventories, buying activity in the market is thin. Deals now are fewer done and market participants are reluctant to trade, waiting for new round of listing prices of large rare earth enterprises. 

Analysis of latest Chinese tungsten market from Chinatungsten Online: Tungsten prices maintained stability and market was caught in heavy wait-and-see atmosphere in June. Earlier in last month, a large number of smelting factories in major tungsten production areas shut down for environmental checks and sellers have strong rised mentality on the reducing production.

Opening this week, Chinese molybdenum price continues to be weak. Quantity in steel tender at the end of last month increased, and trading activity also improved, but tender prices still maintained at a relatively low level. Under the weakness in both supply and demand, traders would have heavy wait-and-see atmosphere at the beginning of July.