The latest price of molybdenum disulfide, molybdenum powder and sodium molybdate maintains stability when market participants show good mentality with the going on of steel biddings at the end of May.

Chinese rare earth price maintains stability on the whole amid the price of praseodymium, neodymium and gadolinium related products shows signs of rise.

Analysis of latest tungsten market from Chinatungsten Online

Opening this week, Chinese tungsten market still is caught in wait-and-see atmosphere, with stalemated supply and demand. The price movements in different industry chains are different, as well as mentality of buyers and sellers. At present, low-price products are rare, high-price products are hardly to be sold, so market offers range slightly. 

Chinese molybdenum market is in line for some consolidation amid the latest price of molybdenum powder, molybdenum oxide and ammonium heptamolybdate is unchanged from the previous trading day. Market trading performs poorly and traders are waiting for the new round of steel biddings.