Rare earth market quotation in China: the latest DyFe, terbium oxide and dysprosium oxide prices continued to decline in the last trading day in October although market inquiry gradually increased. 

To develop black tungsten fluorite, three enterprises of China and Mongolia signed a contract on October 30. The signing ceremony of the tripartite strategic cooperation between Heilongjiang Mining Group Co., Ltd., Heilongjiang Yinghe Investment Group Co., Ltd., and Mongolian SG Group LLC was held in Harbin, co-signed the China-Mongolia Mining Strategic Cooperation Framework Agreement, decided to cooperate in the development of black tungsten fluorite mine in Mongolian province - Sukhbaatar.

Molybdenum market quotation in China: the latest ferro molybdenum, molybdenum concentrate and molybdenum powder prices edged lower compared with last trading day owing to heavy wait-and-see atmosphere in the market. 

Analysis of latest tungsten market from Chinatungsten Online

The ferro tungsten and tungsten carbide powder prices in China remained weak due to imbalanced relationship between supply and demand. The demand continued to be sluggish while the supply became increase. The uncertainty in funds and policies also affected trading atmosphere of purchasers and speculators. But firm costs supported the stability of the market.