Rare earth market quotation: The overall performance of Chinese rare earth market last week was weak. Most rare earth magnets have different degrees of reduction due to lower listing prices of mainstream manufacturers.

Analysis of latest tungsten market in China from Chinatungsten Online：Trading volumes in tungsten market were thin last week. Downstream enterprises slowed down their paces to purchase, which was hard to stimulate consumption of demand at the upstream market. Market confidence that is difficult to be built is one of the factors making tungsten price keep falling. 

Molybdenum market quotation: The latest price of molybdenum concentrate, ammonium tetramolybdate and ferro molybdenum decline slightly as the callback of bidding prices in steel mills hurts market confidence.

Rare earth quotation: Chinese rare earth prices continue to remain weak adjustment amid praseodymium oxide and cerium oxide price decline slightly. Recently, the concept of rare earth permanent magnet plate continued to show a correction. Weak purchase intention is the main factor resulting the price decline. The demand is hard to recover in the short term and traders are bearish on the latter market, so rare earth price is expected to remain weak.