Ministry of Finance: According to the development of domestic equipment manufacturing industry and its ancillary industries in recent years, on the basis of extensively listening to opinions of industrial authorities, trade associations and business representatives, etc.

Rare earth market quotation in China: domestic rare earth price continues to keep stable with the approaching of the New Year. Enterprises are gradually stopping trading and businesses maintain mentality of stability, so the market transactions are reducing. In the short term, the rare earth market in China will continue the current market trend.

Analysis of latest tungsten market in China from Chinatungsten Online: Opening this week, trading in both raw material market and downstream market is thin and traders are mainly concentrating on new round of guide prices from large tungsten enterprises and institutions. Tungsten price is now stable on the whole.

Molybdenum market quotation in China: the latest price of molybdenum concentrate and molybdenum oxide falls slightly and molybdenum bar price is unchanged, as the market trading now is thin when Chinese Spring Festival is near. Most manufacturing enterprises are producing old orders or carrying out the long-term orders.