Analysis of latest tungsten market in China from Chinatungsten Online: This week, mainstream tungsten products price still remains weak adjustment. The market becomes more cautious due to the shortage in raw material supply, the quotation from large enterprises and institutions is close to the market and sellers are optimistic about the afternoon market, but trading volumes are less, just as before.

Molybdenum market quotation: The latest price of molybdenum concentrate, molybdenum oxide, ferro molybdenum is unchanged from the previous trading day. This week, domestic molybdenum price maintains stability on the whole, supply and demand is in a stalemate and steel biddings are unclear. The market without clear guidance has light trading and businesses operate cautiously.

Rare earth market quotation: Rare earth price in China operates steadily for the moment amid the price of praseodymium oxide and cerium oxide stabilizes. At present, spot goods circulating in the rare earth market are adequate, downstream businesses have low willingness to purchase, so rare earth price is hard to rebound in the short term. 

Analysis of latest tungsten market in China from Chinatungsten Online: Tungsten concentrate was in short supply again from yesterday, and the purchase of it in the mainstream smelters also became tense. Tungsten concentrate market is more active, and products price tends to be recovered, so some enterprises start to expect the rally in price again.