China molybdenum prices continue the stability as the market is benefiting from environmental protection inspection reduction production and the stability in prices and quantity of steel tenders. However, limited terminal demand, unstable external trading environment and slowed cash flow, declined international molybdenum prices also have negative impact for the market. On the whole, the raw material side would continue to keep firm but with weak demand side. 

Rare earth market quotation in China: domestic rare earth prices continue to rise in the market. The price of praseodymium neodymium oxide fell from 320,000 yuan/ton to 270,000 yuan/ton at the end of April, a decline of 16%, according to the report from Chinese securities. 

Analysis of latest tungsten market from Chinatungsten Online

Chinese tungsten prices remained weak adjustment as the supply, demand and news sides were quiet in early week. The whole market now is in a stalemate, and downstream buyers try to force prices down owing to low trading activity of terminal market.

The latest prices of molybdenum concentrate, molybdenum disulfide and molybdenum oxide remained unchanged in the Chinese molybdenum market. Due to the good expectations for the supply and cost sides in the tungsten concentrate market, downstream inquiry becomes active and transactions increase accordingly.