Molybdenum market quotation in China: molybdenum price continues to rise in China amid the price of molybdenum powder and molybdenum bar increases slightly and ammonium molybdate price remains unchanged. 

Rare earth market quotation: rare earth price in China returned to a stable trend amid the price of terbium oxide, cerium oxide and europium oxide was unchanged from the previous trading day. Marketing hype in good policy enhanced raw material enterprises’ rised mentality. While the quiet market news still limited the space of rise. There still have some risks in market demand and stocks, so short-term rare earth price is expected to remain weak adjustment.

Analysis of latest tungsten market in China from Chinatungsten Online: Tungsten price in China was being adjusted to a certain extent last week. Oversupply showed in the raw material market as spot goods increased when more and more traders entered the market. Meanwhile, tungsten market was caught in wait-and-see atmosphere with fewer orders. These factors resulted market quotation of tungsten raw materials fell.

With the support of raw material market, molybdenum market in China was stable with good momentum last week. Molybdenum prices showed downstream trend besides China, but rose slightly in China. Although there are differences in some regions, the whole market trend is not affected.