Molybdenum market quotation in China: the latest prices of molybdenum powder, molybdenum concentrate and molybdenum oxide maintain stability in the midweek on Thursday June 20. The consumption in the terminal side is slow, indicating a cautious sentiment in the market. The raw material spot market keeps low trading activity while steel mills also take a watchful stance for ferro molybdenum bids. The market now is stable with little deal concluded. 

Rare earth market quotation in China: terbium oxide price climbs slightly while prices of cerium oxide and praseodymium oxide remain unchanged in the midweek. There is good prospect for the supply and demand of medium and heavy rare earth elements. light rare earth elements market is troubled by oversupply but benefits the policy side, so market participants have rised mentality. At the beginning of the week, the latest rare earth listing prices of Southern Rare Earth maintained strong, which further stimulated market confidence. 

Analysis of latest tungsten market from Chinatungsten Online

The tungsten carbide powder and ferro tungsten prices continued the downward trend as the decline in new guide prices of large tungsten companies weakened market confidence. Under the weak demand, capital shortage and reduced exports, product prices are still hard to rebound in the short term. 

Molybdenum market quotation in China: the latest prices of sodium molybdate, ammonium molybdate and ammonium heptamolvbdate are unchanged from the previous trading day in the midweek. Sales of molybdenum concentrate have decreased slightly recently and steel tenders for ferro molybdenum are not active then before, and thus market sentiment is affected to some extent.