Molybdenum market quotation: The latest price of molybdenum concentrate, ferro molybdenum, and sodium molybdate is unchanged from the previous day despite trading volumes see increases. The activity of domestic molybdenum market is set to increase. Quotation of raw materials keep firm while orders in the terminal market are not optimistic. The current deadlocked fundamentals limit the rebound of molybdenum product prices.

Rare earth market quotation: Chinese rare earth price is still unchanged from the previous trading day. With the support of news of purchasing and shortage, the general atmosphere in current market is relatively cautious and downstream stocks are adequate. 

Analysis of latest tungsten market in China from Chinatungsten Online: The average prices and long-term negotiated prices released on Monday that are close to the market price are the summary of market trend in October, which cannot be used as a guide for the afternoon market. But the decline also weakens market confidence, and the consensus is quite bearish. In the short run, tungsten price will continue downward trend.

Molybdenum market quotation: Chinese molybdenum prices continue to maintain stability this week amid the latest price of molybdenum concentrate, molybdenum oxide and sodium molybdate is unchanged from the previous trading day. While market transactions become more active than before.