Analysis of latest tungsten market in China from Chinatungsten Online: The actual demand in recent tungsten market remains light, downstream enquiry and sellers’ quotation fall into a tug of war and most businesses operate cautiously. Enterprises postpone their price adjustment, waiting for the new guidance prices.

Molybdenum market quotation: The latest price of molybdenum concentrate, molybdenum bar and sodium molybdate is unchanged from the previous trading day as there have no favorable news in the current market. 

Rare earth market quotation: Rare earth prices in China continue to maintain stability amid praseodymium oxide price is unchanged from the previous trading day, as the trading volume in the market is light as always.

Analysis of latest tungsten market in China from Chinatungsten Online: Sluggish performance in the tungsten market at the end of the October, mainly affected by the new round of guidance prices that will soon be released by large tungsten enterprises and associations. The trading vitality in the whole industry continues to be low and the whole market is caught in heavy wait-and-see atmosphere. The current tungsten products price stabilizes while trading volumes basically become blocked.