Rare earth market quotation in China: the latest price of PR ND oxide, praseodymium oxide and lanthanum oxide is unchanged from the previous trading day on sluggish market demand. The unchanged listing prices of molybdenum oxide of Southern Rare Earth Group reflects the attitudes of large enterprises towards market outlook and the deadlocked supply and demand still is hard to be changed.

Analysis of latest tungsten market from Chinatungsten Online: Domestic tungsten price has shown a weak trend recently in whole. On the one hand, the continuous weak demand cools purchasers’ enthusiasm in enquiry; on the other hand, downstream factories force prices down due to increasing supply of raw materials. In the short term, high-price transactions are hard to be concluded.

In the molybdenum concentrate market, the availability of spot goods is tight, so businesses face little pressure of sales and mainly wait for proper price. Steel biddings will soon restart in the ferro molybdenum market, but the quantity of biddings at a relatively low level weakens market confidence, some traders even reduce profits for more transactions.

Rare earth market quotation in China: domestic rare earth price is under pressure. D0wnstream factories stay cautious about purchasing and under the sufficient supply of raw materials, market participants plan to purchase at a relatively low price.