Rare earth prices in China continue the stability early this week as the sellers and buyers have different psychological prices for products. In the listing prices of Southern Rare Earth, prices of dysprosium and terbium edged higher, showing signs of good expect for medium and heavy rare earth industry. While the rebound in praseodymium and neodymium products lacked the strong supports from the demand side. The deadlocked cost and demand sides would go on in the short term.

Analysis of latest tungsten market from Chinatungsten Online

The tungsten market in China was caught in heavy wait-and-see atmosphere in the first trading day after the holiday of May Day as most market participants are waiting for the new average tungsten forecast prices from Ganzhou Tungsten Association and offer levels for the first half of May from large tungsten companies. 

The latest prices of molybdenum powder, ferro molybdenum and molybdenum concentrate remain stable in the Chinese market in early week when active steel tenders boosts market sentiment and supports production costs of manufacturers. 

Rare earth market quotation in China: the latest prices of cerium oxide, terbium oxide and praseodymium neodymium oxide maintain stability early in May under the stricter environmental protection inspection in China. The supply of raw ores is expected to reduce and the production costs would keep firm. After a long period of price adjustments, most traders are cautious and waiting for new guides from the market. In the short term, the pattern between the supply and demand would get improved.