Chinese rare earth prices have moved down slightly again, among which the price of praseodymium oxide has dropped by about RMB 5,000/ton, the price of praseodymium-neodymium oxide has dropped by about RMB 6,000/ton, and the price of gadolinium oxide has dropped by about RMB 2,000/ton. 

The domestic Chinese molybdenum market as a whole maintains a stable operation. With the small profit margin of raw material suppliers and the low consumption enthusiasm of buyers, the market is in a wait-and-see mood and the order growth rate is slow. At present, the industry focuses on the shipment of mining enterprises and the performance of steel bidding volume and price.

The domestic Chinese molybdenum market as a whole maintains a stable operation. With the small profit margin of raw material suppliers and the low consumption enthusiasm of buyers, the market is in a wait-and-see mood and the order growth rate is slow. At present, the industry focuses on the shipment of mining enterprises and the performance of steel bidding volume and price.

Analysis of latest tungsten market from Chinatungsten Online

On the first day after the Dragon Boat Festival, China tungsten prices were temporarily stable.