Analysis of latest tungsten market in China from Chinatungsten Online：Last Friday, the long-term negotiated price for the second half of October from Zhangyuan Tungsten was released. Wolframite concentrate quoted at $16,046 per tonne, down $232 per tonne compared with the first half of this month; scheelite concentrate lowered $232 per tonne to $15,814 per tonne; APT lowered $310 per tonne to $280 per mtu. Although the guidance price edges lowers on the whole, slightly higher than the actual transaction of the spot market. It also gives some support for bulk single price.

Molybdenum market quotation: Chinese molybdenum products price was weak on the whole last week amid molybdenum oxide price remained stable, due to the light trading in the market. 

Rare earth market quotation: Rare earth price kept declining last week affected by less trading volume in the downstream and the reduction of enterprises’ listing price that weakened market confidence. 

Molybdenum market quotation: The latest price of molybdenum concentrate and ammonium heptamolybdate is unchanged from the previous trading day while ferro molybdenum price rises slightly.