Rare earth market quotation: rare earth prices in China remained stable and the latest price of terbium oxide, lanthanum oxide and europium oxide is unchanged from the previous trading day. The market is quiet with fewer transactions, buyers and sellers have different opinions about the market outlook, so the market is caught in heavy wait-and-see atmosphere.

Tungsten oxide market is expected to grow in a moderate way in 2018-2019, led by the Asia Pacific market, particularly China which accounted for majority of consumption in 2013. Major manufacturers of tungsten compounds are relocating their production facilities to China due to availability of cheap labor, infrastructure and attractive government policies. Republic of Korea, India, Vietnam, Malaysia, Cambodia, Australia, New Zealand and Sri Lanka are other major consumers of tungsten oxide in Asia Pacific. North America and Europe are mature markets.

Molybdenum market in China shows a little stalemate amid the latest price of molybdenum concentrate, molybdenum powder and molybdenum bar keeps stable. If miners take the initiative to reduce price for more shipments, downstream enterprise may further force the price down. Under the both tight supply of raw material at home and abroad, market price is likely to maintain the current trend.

Analysis of latest tungsten market in China from Chinatungsten Online: Opening this week, tungsten raw material enterprises are waiting for higher market prices, price in China maintains stability, and some quotations edger higher. Downstream manufacturers still have not high enthusiasm in purchasing, some of them stocking up on rigid demand. The whole tungsten market is continuing the weak demand and tight supply.