Spot goods in the molybdenum concentrate market has been maintaining at a low level recently. Starting from December 22, a large mine in Heilongjiang province stopped work to undergo repair for 10 days. The two factors tighten the supply of raw material. However, the demand slowed down due to the downstream pre-stocking in the earlier stage. The price of molybdenum concentrate continues to maintain at high level at RMB 1,460-1,470/t.

Rare earth market quotation: Chinese rare earth price showed signs of rebound last week amid the latest price of lanthanum oxide, neodymium oxide, europium oxide and praseodymium oxide is unchanged from the previous trading day. 

Analysis of latest tungsten market in China from Chinatungsten Online: Tungsten concentrate market features tight supply and high price in China now and downstream manufacturers with low rate of production keep rising product prices. In last week, 65% wolframite concentrate was quoted at $17,209-17,519/t, up $465/t; APT was quoted at $299.6-304.8/mtu, up $5/mtu. 

Molybdenum market quotation: Chinese molybdenum market has been increase slightly recently amid the price of molybdenum concentrate, ammonium heptamolybdate and molybdenum bar rises greatly.