Trading atmosphere gets better in Chinese rare earth market, benefiting from the rising of listing prices of Southern Rare Earth Group amid terbium related products climbed by 0.57 percent. The move surely boost market confidence of sellers, together with downstream manufacturers intend to enter the market, rare earth price in China shows signs rise. The latest price of praseodymium oxide, terbium oxide and europium oxide remains unchanged.

Analysis of latest tungsten market from ChinaTungsten Online: Affected by the environmental checks resulting in instability of industry chain, the operating rate of APT smelting factories lowers further, which influences the consumption of tungsten ores and supply for downstream market directly. 

Chinese molybdenum prices are unchanged on heavy wait-and-see atmosphere in the market due to the new round of steel biddings. In the molybdenum concentrate market, spot goods are tight, terminal demand remains weak and sellers are reluctant to sell. For ferro molybdenum market, production costs and demand refuse to budge in the whole industry chain and manufacturers are focusing on the coming of new steel biddings, so the market remains quiet. 

Rare earth market quotation in China: the latest price of molybdenum bar, PR ND oxide and molybdenum oxide maintains stability on continuous deadlocked supply and demand. The whole industry chain is now cautious, waiting for the listing prices of large rare earth enterprises and policy news. Downstream market makes inquiry mainly depending on rigid demand. This week, Chinese rare earth price will maintain the current market trend.