Analysis of latest tungsten market in China from Chinatungsten Online: This week, domestic tungsten market is thin in trading as many manufacturers have been come into the vacation model and downstream enterprises only purchase on rigid demand. The least price of tungsten concentrate, APT and ferrotungsten maintains stability, with fewer transactions.

Ferro molybdenum price maintain stability this week. From the point of steel biddings, as of Friday, steel mills purchase 500 tonnes of ferromolybdenum, with price of RMB 108,000-109,500/t in four large companies at Beijing, Tianjin, Jiangsu provinces. Another steel factory in Jiangsu province entered the market to purchase further 120 tonnes of ferromolybdenum yesterday.

Rare earth market quotation in China: Domestic rare earth price continues to maintain stability amid the latest price of europium oxide, lanthanum oxide and terbium oxide is unchanged from the previous trading day. The market now nearly enters the centralized vacation model, with a small amount of transactions.

Analysis of latest tungsten market in China from Chinatungsten Online: Inquiry in the whole Chinese tungsten market is less and purchasers have not high enthusiasm in replenishment. Although some downstream enterprises have enquiries, the actual transactions are fewer to be concluded. The approaching of Chinese Spring Festival and snowy weather greatly affects the transport business, so the trading in the market is relatively thin. Large tungsten enterprises also are not willing to supply goods.