Rare earth market quotation in China: domestic rare earth price is stable on the whole with quiet trading atmosphere. Some varieties of rare earth that rose after the Chinese New Year holiday showed decline last week, downstream factories kept cautious on stocking up and sellers had good expectation for the demand for new energy and policy side for purchasing and storage. But short-term market without real demand supporting would be quiet.

Analysis of latest tungsten market from Chinatungsten Online: Last week, domestic tungsten price was weak without strength to rise. Tungsten ore traders diminished rised mentality, plus certain profits in stocks at the hands, profit-taking action in the market increased significantly. With the increased supply of tungsten raw materials, terminal demand also was released, but marker pric had not enough strength to rise. Therefore, the price of tungsten concentrate and APT mainly hovered at a relatively level.

Molybdenum concentrate has been concluded a large number of transactions for three consecutive weeks since March and downstream enterprises have certain stocks at hand. Most ferro molybdenum manufacturers postpone their plans for purchasing high-price raw materials when prices show decline in some regions. This week, quantity of steel biddings is expected to decline and new orders for molybdenum concentrate will not increase. Thus molybdenum market in China will be quiet.

Rare earth market quotation in China: domestic rare earth price maintained weak adjustment amid the price of terbium oxide, neodymium oxide and praseodymium neodymium oxide declined slightly, as downstream manufacturers mainly waited and saw to high-price raw materials. Though good expectation for new energy boosting rare earth permanent magnet, spot prices showed a slight rebound. With different mentalities of buyers and sellers, rare earth market has a strong wait-and-see atmosphere.