Molybdenum market quotation: the latest price of molybdenum concentrate, ferromolybdenum and sodium methoxide maintained stability. Quotation in the molybdenum raw material market kept firm due to the environmental protection reducing production while enquiry and transactions increased. 

Rare earth market quotation: Chinese rare earth market maintained weak adjustment amid the price of neodymium oxide, dysprosium oxide and praseodymium oxide declined slightly. There have no guidance news coming from the policy side at present, supply and demand in the market still refused to budge. Moreover, manufacturers faced great pressure of funds at the year-end. Therefore, rare earth price will continue face negative situation.

Analysis of latest tungsten market in China from Chinatungsten Online: Domestic tungsten market maintains stable operation. As institutions and large tungsten enterprises have adjusted guidance prices upward and the production in the main tungsten ores is limited, enquiry from downstream enterprises increases. Mainstream tungsten product prices are stable with good momentum, but market demand needs to be improved.

Molybdenum market quotation: the price of molybdenum concentrate, ferromolybdenum and molybdenum oxide edges higher. Domestic molybdenum market is stable on the whole. Downstream enquiry increases, and both quantity and price of new round of steel biddings increase slightly, strengthening businesses’ mentality of keeping firm quotation.