Rare earth market quotation in China: Rare earth price is unchanged from the previous trading day as the market will soon be closed. At the last trading week before the holiday, sellers are reluctant to sell and wait and see trends of policy after the holiday. Buyers almost finish the stocking up before the holiday, so the market trading is less. Rare earth price is expected to be stable this week.

Ministry of Finance: According to the development of domestic equipment manufacturing industry and its ancillary industries in recent years, on the basis of extensively listening to opinions of industrial authorities, trade associations and business representatives, etc.

Molybdenum market quotation in China: the latest price of molybdenum powder, ferro molybdenum and molybdenum oxide is unchanged from the previous trading day. Molybdenum raw material market has been quiet in the nearly two weeks, with fewer new increased orders. International molybdenum price continues to maintain at a high level and the supply in the domestic raw material market is short, making miners keep firm quotation.

Analysis of latest tungsten market in China from Chinatungsten Online: Opening this week, trading in both raw material market and downstream market is thin and traders are mainly concentrating on new round of guide prices from large tungsten enterprises and institutions. Tungsten price is now stable on the whole.