Analysis of latest tungsten market in China from Chinatungsten Online: Tungsten price in China remains weak adjustment this week. Terminal demand is still weak in the market, but tungsten goods increase as sellers are gradually reducing their stocks. Transaction prices for raw materials are being pressed down. Tungsten market in China now is caught in heavy wait-and-see atmosphere.

Molybdenum market quotation: international molybdenum price declines from record highs while price in China rises slightly. In China, supply of molybdenum raw material is still tight and market trading improves, but few transactions in high-price trading.

Rare earth market quotation: rare earth price in China represents the upward trend on the whole amid the price of cerium oxide, neodymium oxide and lanthanum oxide is unchanged from the previous trading day. Market confidence is being shored up when prices decline to a low point. But affected by high level of downstream market stocks, the pace for rise is slow. Downstream enterprises have high willingness in stocking up at the year-end, and we forecast that rare earth price will rise in a moderate way in the short term.

Analysis of latest tungsten market in China from Chinatungsten Online: Prices of main tungsten raw material start to fell under the reduction of stocks of traders. The reasons for the decline, on the surface, are due to the relatively stability in guide prices from Tungsten Associations and large enterprises; substantially, are trade capital inflows and outflows after the continuous rise in tungsten price.