The poor demand raised worry of businesses for the outlook of molybdenum concentrate market. And the weakness in raw material side caused anxious mentality for trading, so the quotation maintains stability.

Rare earth market quotation in China: domestic rare earth price has maintained stability recently. Though buyers and sellers have different psychological prices, sellers have strong rised mentality and downstream factories purchase according to orders. News side is still quiet and market participants mainly wait and see, with thin trading. 

Analysis of latest tungsten market from Chinatungsten Online: With the coming of Qingming Festival, domestic tungsten market without the guidance of news keeps quiet. The game between supply and demand is continuing, buyers and sellers remain low willingness in trading and businesses mainly wait for the new guide from large enterprises.

A large mine in Heilongjiang, province may start to undergo repair this week and another one in Mongolia will also suspend production and maintenance for about 15 days this month. The shout supply of raw materials is now the main factor supporting high quotation of miners. But market demand is hard to be improved, so molybdenum concentrate price is under pressure.