Rare earth market quotation in China: the latest prices of neodymium oxide, dysprosium oxide and praseodymium neodymium oxide climb slightly with the impact of good trading atmosphere and positive expects for the market outlook. 

Rare earth is the next battlefield of Sino-US trade war and USD/CNY broke through 7 recently. The US President President Trump did not agree on Tuesday that China and the US would fall into a protracted trade war, although Beijing warned Washington’s decision to list China as a currency manipulator would trigger financial market chaos.

China molybdenum prices are still in a high level on increased market inquiry, improved trading activity and eased selling pressure of traders. In the molybdenum concentrate market, although the maintenance tasks of some mining enterprises have been completed, it is still impossible to solve the problem of insufficient supply of raw materials immediately. Therefore, sellers still do not reduce product prices. 

Tungsten-molybdenum ecological industrialization of Luanchuan practiced successfully. The second phase of the APT project has been completed, which uses low-grade complex scheelite recovered from molybdenum tailings as raw material, adopts new environmental protection technology, and comprehensively recovers deep processing to obtain ammonium para tungstate, ammonium molybdate, molybdenum trisulfide, and phosphate rock powder products.