Rare earth market quotation: Chinese rare earth price shows a slight rebound with good market atmosphere. Rare Earth Office of the Ministry of Industry and Information Technology has held a liaison meeting of inter-ministerial coordination mechanism for rare metals recently, and said it will maintain the high-pressure situation of illegal activities of rare earth. The industry crackdown may ease the contradiction between supply and demand in the rare earth market, boosting rare earth plates. Prices of praseodymium and neodymium metal rise greatly. 

Analysis of latest tungsten market in China from Chinatungsten Online: Tungsten concentrate market features tight supply and high price in China now and downstream manufacturers with low rate of production keep rising product prices. In last week, 65% wolframite concentrate was quoted at $17,209-17,519/t, up $465/t; APT was quoted at $299.6-304.8/mtu, up $5/mtu. 

Spot goods in the molybdenum concentrate market has been maintaining at a low level recently. Starting from December 22, a large mine in Heilongjiang province stopped work to undergo repair for 10 days. The two factors tighten the supply of raw material. However, the demand slowed down due to the downstream pre-stocking in the earlier stage. The price of molybdenum concentrate continues to maintain at high level at RMB 1,460-1,470/t.

Rare earth market quotation: Chinese rare earth price showed signs of rebound last week amid the latest price of lanthanum oxide, neodymium oxide, europium oxide and praseodymium oxide is unchanged from the previous trading day.