Analysis of latest tungsten market in China from Chinatungsten Online: As the guide prices for Chinese tungsten market from Tungsten Associations and large enterprises will released soon, most tungsten enterprises have low enthusiasm in trading. But market confidence remains quite strong due to good expectation for market outlook. Supply of raw material is expected to reduce, mainly because major companies are reluctant to sell before the Spring Festival. Once they sell their products, it will be hard to replenish stocks.

Molybdenum market quotation: the latest price of molybdenum concentrate, molybdenum powder and molybdenum oxide rises slightly due to the improvement of market demand in China. While most of manufacturers have not yet returned to the market after the Christmas, so European molybdenum market is thin now.

Rare earth market quotation: Chinese rare earth price continues to stabilize as the market lacks clear guidance and traders keep waiting and seeing. The rare earth office of the Ministry of Industry and Information Technology has asked for rectification of rare earth industry, and then the rare-earth index has continued to going up slightly. On the whole, rare earth market is sable with good expectation. Short-term the market without substantive policy guidance will remain thin.

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