Molybdenum market quotation: Chinese molybdenum price tends to be back on the rise supported by tight supply of raw materials and high environmental protection costs. But the actual transaction price of molybdenum concentrate, molybdenum oxide and ferro molybdenum still stabilizes. 

Rare earth market quotation: Chinese rare earth price remains weak adjustment amid the price of cerium oxide, europium oxide and neodymium oxide declines slightly. The market is caught in heavy wait-and-see atmosphere as the purchasing and storage of State Reserves Bureau has not yet started. Sellers are reluctant to sell their products at low prices while downstream enterprises purchase according to actual demand. New orders are less and buyer and sellers refuse to budge, so the current market trend may continue in the short term.

Analysis of latest tungsten market in China from Chinatungsten Online: This week, domestic tungsten market starts to become active, supported by tight supply of raw materials. The rise of raw materials prices revives market enquiry and traders readjusts their mentality. But downstream customers have not yet accepted the current price, market trading still is poor. The stalemate in buyers and sellers is continuing.

Molybdenum market quotation: The latest price of molybdenum concentrate, molybdenum oxide, and ferro molybdenum is unchanged from the previous trading day. Chinese molybdenum market continues to maintain stability with good momentum amid supply in the mines side is tight enough to support the high price of raw materials.