Rare earth market quotation: rare earth price in China maintains weak adjustment amid the price of praseodymium oxide, neodymium oxide and praseodymium neodymium oxide declines slightly and lanthanum oxide price is unchanged. Insiders though that this week is the last time for enterprises to stock up intensively before the Chinese Spring Festival. The supply and demand in the market now is in a stalemate, and the demand in the downstream market remains weak, thus rare earth market will continue to maintain the current trend.

Chinese tungsten price has surged more than 50 percent since July, 2017 amid growing concern about supply cutbacks in China, where about 80 per cent of the metal comes from. The Chinese government is carrying the tax law of environmental protection to cut production and curb pollution.

Molybdenum market quotation: molybdenum price in China is unchanged from the previous trading day as the supply remains tight and demand in the downstream market is not strong. 

Analysis of latest tungsten market in China from Chinatungsten Online: Market resources in the tungsten market increase while downstream enterprises remain weak demand for raw materials. And with the coming of Chinese Spring Festival, the production line of smelting factories is gradually influenced and market participants mainly wait and see. Therefore, tungsten price in China tend to be stable.