Rare earth market quotation: rare earth price remains stable and businesses maintain a wait-and-see attitude in China. On the one hand, market trading is in a stalemate due to the financial strain at the year-end; on the other hand, downstream factories have adequate inventories, with lower willingness in stocking up. Finally, sellers remain good expectation for the polity and increasing new energy demand. On the whole, the rare earth market is quiet and will continue the trend.

Analysis of latest tungsten market in China from Chinatungsten Online: Chinese tungsten market was not a strong support, with a stronger bad atmosphere last week. Traders moved fast to sell their products in high price, resulting the sharp decline of tungsten concentrate and APT price. Ferro tungsten, sodium tungstate, tungsten carbide, and tungsten powder prices also fell in a moderate way.

Molybdenum market quotation: international molybdenum price is stable with good momentum, spot goods are relatively tight and some of manufacturers start to send the quotation to Chinese factories. While molybdenum price in China keeps firm, production of raw materials reduces, with fewer high-price transactions.

Rare earth market quotation: rare earth price in China continues a steady trend on the whole amid the price of cerium oxide, europium oxide and praseodymium neodymium oxide is unchanged from the previous trading day. Before the Chinese Spring Festival, supply and demand is in a stalemate, some of traders move fast to reduce stocks for more profits and downstream enterprises are stocking up according to their needs. The trading in the market now is thin.