Molybdenum market quotation: the latest price of molybdenum concentrate, ammonium molybdate and ferro molybdenum rises slightly as the outlook of the market is optimistic.

Rare earth market quotation: rare earth price rebounded slightly, but market trading was thin. The well-preformed export data boosted the expectation of demand, rare earth price tended to rebound and sellers were reluctant to sell. While downstream demand was still weak, without effective news to support. Considering the deadlocked supply and demand, the short-term rare earth price will continue to be weak.

Analysis of latest tungsten market in China from Chinatungsten Online: Thin trading was the main state in Chinese tungsten market last week, as the whole market was caught in heavy wait-and-see atmosphere and enterprises became more cautious at the year-end under the pressure of fund flow. Shortage in tungsten concentrate supply was continuing and main production enterprises were reluctant to sell.

Molybdenum market quotation: the latest price of ferro molybdenum and molybdenum oxide rose slightly while molybdenum concentrate price was unchanged from the previous trading day. Last week, the overall molybdenum market in China performed well and insiders were bullish on the afternoon market. Although tight supply of molybdenum concentrate was continuing, demand in the downstream market gradually increased.