Opening this week, China molybdenum prices remain stable on continued deadlocked supply and demand and weakness in steel biddings. The supply of molybdenum concentrate is tight, trading activity increases, but sellers are reluctant to sell at low prices. ferro molybdenum market is under pressure as the demand and capital shortage need to be resolved. 

China rare earth prices are stable with good momentum in the week to Friday December 7. Earlier in this week, listing prices of Southern Rare Earth edged higher, boosting market confidence that benefited from expectations of tight supply. Insiders generally have strong rised mentality, but the weakness in demand side limited actual transactions. Therefore, in the short term, rare earth price will tend to stabilize. 

Analysis of latest tungsten market from Chinatungsten Online

Early in December, average tungsten prices from Ganzhou Tungsten Association and offer levels from large tungsten companies were released, which lowered slightly compared with last time. The weakening trend made market mentality to be under pressure. 

In the Chinese molybdenum market, prices of molybdenum powder, ammonium tetramolybdate and ammonium molybdate maintain stability, affected by tight supply of raw materials but weak demand in terminal market.