Rare earth market quotation: rare earth price rebounded slightly, but market trading was thin. The well-preformed export data boosted the expectation of demand, rare earth price tended to rebound and sellers were reluctant to sell. While downstream demand was still weak, without effective news to support. Considering the deadlocked supply and demand, the short-term rare earth price will continue to be weak.

At 2:30 p.m. on August 28th, according to a spokesman for the Ministry of foreign affairs, the India army that illegally crossed the border into China's Dong Lang area has already withdrawn to the border. Although the curtain fell, it lasted for 71 days. In the past, our people's friendly South Asian neighbors have attracted the attention of the Chinese people. Many people have also recognized a different India from the imagination. It's hard to say whether India will again pose a threat to China in the future.

Molybdenum market quotation: the latest price of ferro molybdenum and molybdenum oxide rose slightly while molybdenum concentrate price was unchanged from the previous trading day. Last week, the overall molybdenum market in China performed well and insiders were bullish on the afternoon market. Although tight supply of molybdenum concentrate was continuing, demand in the downstream market gradually increased. 

Analysis of latest tungsten market in China from Chinatungsten Online: The rise in Chinese tungsten price becomes slower this week. Risk awareness is raised in the raw material market, but weak demand and tight supply still refuse to budge. Under the background, tungsten price is expected to remain rangbound in the short term.