Chinese molybdenum prices maintained stability in the week ended on Friday July 12, 2019 on active steel tenders and eased pressure of melting factories but cautious sentiment of traders. 

Rare earth market quotation in China: the latest prices of dysprosium oxide, neodymium oxide and praseodymium neodymium oxide edged lower in July. In the light rare earth markets, prices of cerium oxide and cerium related products decreased greatly, mainly because of the imbalance between supply and demand caused by the large amount of spot resources and the lack of back-end consumption.

Analysis of latest tungsten market from Chinatungsten Online

The decline in Chinese tungsten prices has slowed down, but there is still controversy about when the price to enter the stage of rebound. Buyers and sellers have different views towards the outlook, and the whole tungsten market is weak. 

Molybdenum market quotation in China: the latest prices of molybdenum powder, molybdenum oxide and ferro molybdenum are unchanged from the previous trading day on quiet market trading. In the raw material markets, molybdenum miners have reduced the production capacity of molybdenum ore due to the recent difficulty in mining, and the supply of raw materials is tight, which has prompted most holders to maintain their sale prices.