Analysis of latest tungsten market in China from Chinatungsten Online: Chinese tungsten market continues to be stable. Lower quotations in the previous stage start to be close to market high point, though high raw material price without effective support. Under the deadlocked supply and demand, high production costs would be the main factor supporting tungsten price.

Chinese molybdenum market is active with positive mentality, and market prices are stable with good momentum amid the latest price of ferro molybdenum, molybdenum concentrate and molybdenum powder is unchanged from the previous trading day while ammonium molybdate price is tried to rise.

Rare earth market quotation: Chinese rare earth price continues to be weak amid the price of europium oxide, terbium oxide and neodymium oxide declines slightly. 

Analysis of latest tungsten market in China from Chinatungsten Online: Domestic tungsten price is unchanged from the previous trading day. The operating rate in mines remains low and supply of raw material continues to be tight. As a result, sellers are reluctant to sell and bullish on the afternoon market. But the rise in tungsten price needs the support of downstream demand.