Rare earth market quotation in China: domestic rare earth price maintains stability as more and more enterprises in the industry take a holiday for the new year. Insiders expressed that the relationship between supply and demand will be improved and price is expected to climb after the holiday, influenced by the environmental protection policy. Considering the adequate stocks in the market, rare earth price will not see a sharp growth.

Molybdenum market quotation in China: the latest price of molybdenum concentrate and molybdenum oxide falls slightly as domestic molybdenum market is thin in trading with the coming of Chinese Spring Festival. While international market shows good signs amid the price keep going up and market transactions become active.

Analysis of latest tungsten market in China from Chinatungsten Online: This week, domestic tungsten market is thin in trading as many manufacturers have been come into the vacation model and downstream enterprises only purchase on rigid demand. The least price of tungsten concentrate, APT and ferrotungsten maintains stability, with fewer transactions.

Rare earth market quotation in China: Domestic rare earth price continues to maintain stability amid the latest price of europium oxide, lanthanum oxide and terbium oxide is unchanged from the previous trading day. The market now nearly enters the centralized vacation model, with a small amount of transactions.

Ferro molybdenum price maintain stability this week. From the point of steel biddings, as of Friday, steel mills purchase 500 tonnes of ferromolybdenum, with price of RMB 108,000-109,500/t in four large companies at Beijing, Tianjin, Jiangsu provinces. Another steel factory in Jiangsu province entered the market to purchase further 120 tonnes of ferromolybdenum yesterday.

Analysis of latest tungsten market in China from Chinatungsten Online: Inquiry in the whole Chinese tungsten market is less and purchasers have not high enthusiasm in replenishment. Although some downstream enterprises have enquiries, the actual transactions are fewer to be concluded. The approaching of Chinese Spring Festival and snowy weather greatly affects the transport business, so the trading in the market is relatively thin. Large tungsten enterprises also are not willing to supply goods.

Rare earth market quotation in China: domestic rare earth price is running steadily at the time when businesses are gradually stopping trading and holiday atmosphere covers the whole market. Market participants mainly focus on the environmental protection policy, industrial order reorganization and purchasing and storage of State Reserve Bureau as well as listing prices of large enterprises and downstream rigid demand.

There are not bulk transactions in the molybdenum market in China after traders’ selling at low price. 50% molybdenum concentrate was mainly quoted at RMB 1570-1650/t; 45-50% molybdenum concentrate was quoted at RMB 1550-1570/t. some mines postpone the quotation, waiting the recovery of downstream demand after the holiday. In the short term, molybdenum raw material market will be stable.

Analysis of latest tungsten market in China from Chinatungsten Online: Chinese tungsten market now is quiet. Trading in the spot market is less, sellers remain low willingness in sell and buyers are gradually stopping purchase. With the finished stocking up the downstream enterprises, tungsten price will stabilize.

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.