Molybdenum market quotation in China: the latest price of molybdenum bar, molybdenum powder and molybdenum concentrate is stable at present. The sharp rise in molybdenum price at home and abroad from late last year has stimulated some small-and-medium mines to start producing. The increasing molybdenum raw materials intensify the competition of ferro molybdenum market. 

Rare earth market quotation in China: domestic rare earth market continues to operate stably as the difference in price between buyers and sellers makes traders maintain wait-and-see mentality. Considering the good expectation for purchasing and storage, cracking down on illegal enterprises and demand of new energy automobile from market traders, rare earth price is likely to rise in the next week.

Analysis of latest tungsten market from Chinatungsten Online: Domestic tungsten market has been remaining weak since February as terminal demand increases very slowly. And restricted to negative factors, tungsten market will continue the current trend in the short term.

Market price is eventually determined by the relationship between supply and demand. At present, the supply of molybdenum concentrate is relatively tight, supporting the high raw material prices. Due to the weak demand of steel mills, ferro molybdenum manufacturers are hard to reduce their stocks and thus press the price.