Rare earth market quotation: Chinese rare earth price shows signs of rebound this week amid the price of praseodymium neodymium oxide rises slightly and europium oxide price maintains stability. And market enquiry and transactions also increase. 

Analysis of latest tungsten market in China from Chinatungsten Online: The second guide price of APT in December was released by Xiamen Tungsten yesterday, which was $294/mtu, up $5.3/mtu on the month. The rise in guide prices stimulates the enthusiasm for raising prices in the raw material market and mainstream product prices continue to maintain good momentum. Some smelters expressed that it is hard to get APT when price is lower than $298/mtu.

Considering the tight supply of spot goods in tungsten concentrate market, miners rised mentality is stronger, selling part of molybdenum concentrates in advance. Sellers in the market are now bullish on product prices. 45-50% molybdenum concentrates were quoted at RMB 1,440-1,460/tonne.

Rare earth market quotation: the latest price of lanthanum oxide, neodymium oxide, cerium oxide and praseodymium oxide is unchanged from the previous trading day as the market in China remains quiet.