Rare earth market quotation: the latest price of lanthanum oxide, praseodymium oxide and praseodymium neodymium oxide is unchanged from the previous trading day as the market is quiet with the coming of Chinese Spring Festival. Market participants mainly wait and see the relationship between supply and demand, so the price is hard to fluctuate sharply. Considering the thin trading market, sellers will be more cautious.

Analysis of latest tungsten market in China from Chinatungsten Online: Many mines and smelting factories are gradually stopping production, so the supply of tungsten concentrate is short and price keeps firm. But considering the thin market trading, the price maintains stability. 65% wolframite concentrate was quoted at $17,054-17,209/t; 65% scheelite concentrate was $16,744-16,899/t.

Enquiry in the international molybdenum market is increasing while supply in the spot market remains tight and price keeps rising. Molybdenum market in China is quiet amid transactions are fewer and most traders stop making shipments due to the transportations.

Rare earth market quotation in China: Rare earth price is unchanged from the previous trading day as the market will soon be closed. At the last trading week before the holiday, sellers are reluctant to sell and wait and see trends of policy after the holiday. Buyers almost finish the stocking up before the holiday, so the market trading is less. Rare earth price is expected to be stable this week.