Rare earth market quotation: rare earth price in China returned to a stable trend amid the price of terbium oxide, cerium oxide and europium oxide was unchanged from the previous trading day. Marketing hype in good policy enhanced raw material enterprises’ rised mentality. While the quiet market news still limited the space of rise. There still have some risks in market demand and stocks, so short-term rare earth price is expected to remain weak adjustment.

Analysis of latest tungsten market in China from Chinatungsten Online: Tungsten price in China remains weak adjustment this week. Terminal demand is still weak in the market, but tungsten goods increase as sellers are gradually reducing their stocks. Transaction prices for raw materials are being pressed down. Tungsten market in China now is caught in heavy wait-and-see atmosphere.

With the support of raw material market, molybdenum market in China was stable with good momentum last week. Molybdenum prices showed downstream trend besides China, but rose slightly in China. Although there are differences in some regions, the whole market trend is not affected.

Rare earth market quotation: rare earth price in China represents the upward trend on the whole amid the price of cerium oxide, neodymium oxide and lanthanum oxide is unchanged from the previous trading day. Market confidence is being shored up when prices decline to a low point. But affected by high level of downstream market stocks, the pace for rise is slow. Downstream enterprises have high willingness in stocking up at the year-end, and we forecast that rare earth price will rise in a moderate way in the short term.