Analysis of latest tungsten market in China from Chinatungsten Online: Although the operating rate of mines maintains at a low level due to environmental protection policy and the coming of Chinese Spring Festival, sellers raise the willingness in selling. While terminal demand is not improved, tungsten market in China is caught in wait-and-see atmosphere.

Molybdenum market quotation: molybdenum price in China continues to rise in a moderate way amid the latest price of ferro molybdenum, ammonium heptamolvbdate and molybdenum oxide is in an upward trend. Approaching the Chinese Spring Festival, upstream enterprises are more willing to sell due to financial strain while downstream enterprises are stocking up. Market enquiry and trading volumes increase.

Rare earth market quotation: rare earth market in China is quiet and the price of terbium oxide, europium oxide and lanthanum oxide remains unchanged. Market trading is in a stalemate as the market shows no good news from the policy side. And rare earth market is expected to maintain the current market trend in the short term.

Analysis of latest tungsten market in China from Chinatungsten Online: Opening this week, domestic tungsten market is still covered with cloud, price continued to fall and market sentiment darkens. The market now is at the buyers’ side, only some customers would purchase in small quantities.