International molybdenum price continues to rise due to tightening availability of raw material and high price demand is less with strong rised mentality. While domestic market is active in trading, molybdenum raw material price hits record high.

Rare earth market quotation in China: domestic rare earth price rises slightly amid the latest price of terbium oxide, dysprosium oxide and praseodymium neodymium oxide edges higher. Sellers are optimistic about late supply and demand pattern to raise their offers. But there are no latest news coming from national purchasing and storage, which limits the adjustment space. Besides, market trading is not active now, and downstream purchasing mentality is cautious, waiting for the guide from new listing prices.

Analysis of latest tungsten market in China from Chinatungsten Online: APT, tungsten powder, tungsten carbide and tungsten concentrate market are stable amid high quotation in some regions and limited trading volumes. The price in the raw material market is in chaos and with the influence of two sessions in March, the production capacity is releasing slowly. Besides, as downstream smelters have finished the stocking up before the Chinese New Year, the demand for tungsten concentrate has not recovered yet, causing the thin tungsten market.

International molybdenum price is in an upward trend amid continuous increasing trading and tight supply of spot goods. While in China, the market is active, with more enquiries and rising prices.