Chinese molybdenum market is active with positive mentality, and market prices are stable with good momentum amid the latest price of ferro molybdenum, molybdenum concentrate and molybdenum powder is unchanged from the previous trading day while ammonium molybdate price is tried to rise.

Rare earth market quotation: Rare earth price continued to maintain weak adjustment. In China, prices of rare earth raw material hovered at low level, downstream customers have not high enthusiasm in purchasing and trading volume also was thin. Under the background of unbalanced supply and demand, buyers and sellers in the market will be cautious and wait new guidance from policy and news.

Analysis of latest tungsten market in China from Chinatungsten Online: Domestic tungsten price is unchanged from the previous trading day. The operating rate in mines remains low and supply of raw material continues to be tight. As a result, sellers are reluctant to sell and bullish on the afternoon market. But the rise in tungsten price needs the support of downstream demand.

Molybdenum market is stable with good momentum. The latest price of molybdenum concentrate and molybdenum powder rises slightly, and ferro molybdenum and molybdenum bar prices are unchanged from the previous trading day.