Rare earth market quotation: the latest price of neodymium oxide, dysprosium oxide and praseodymium neodymium metal rises slightly owing to optimistic mentality of traders. Today, rare earth price maintains at a low level after continuing decline in the earlier stage. Downstream manufacturers demand for replenishing stocks increases. With the orderly advance of reorganization in rare earth industry, short-term rare earth price is expected to rise.

Molybdenum market quotation: the latest price of molybdenum dioxide, molybdenum powder and molybdenum concentrate maintains stability. Trading volumes in the market are reducing and mines are reluctant to sell due to cold weather decreasing productivity in raw materials. While downstream enterprises are continuing the enquiries, price of molybdenum is high. 

Tungsten finished products market is expected to expand at a moderate pace in the next few years as the demand for heaters and corona wires will continue to maintain at a high level. 

E-invoicing company Tungsten Corp PLC said Monday that its Network Finance division saw a record number of invoice outstandings in the last two months of 2017.

Tungsten, which has the highest melting point of all elements, is considered the main candidate material for the first wall of the plasma vessel in fusion reactors. This is because of its reliable resistance to the harsh operating conditions in the long duty-cycles in these reactors caused by transient heat loading, thermal fatigue, neutron irradiation and erosion.

Analysis of latest tungsten market in China from Chinatungsten Online: Domestic tungsten market is running steadily with good market mentality, and mainstream tungsten price keeps firm. However, due to financial strain and continuing shutdown of smelters at the end of the year, market trading volumes are thin. On the whole, tungsten market in China will stabilize in the short term.

Rare earth market quotation: Chinese rare earth remained stable last week amid the price of europium oxide, praseodymium oxide and dysprosium oxide is unchanged from the previous trading day. The expectation of industry consolidation boosts market confidence, coupled with the previous high price squeezes profits of manufacturers, the rare earth price now is expected to rebound. Considering the weak demand, and no latest policy coming from the government, the space for price rise will be limited.

Considering the short supply of molybdenum raw material and high market price in China, molybdenum concentrate price is expected to rise. With the support of high raw material price, quotation from downstream enterprises may continue to be raised and increase of actual transaction prices will depend on trading volume. 

Analysis of latest tungsten market in China from Chinatungsten Online: In the first week of 2018, trading volume in domestic tungsten market failed to increase while supply and demand of raw materials still refused to budge and sellers were reluctant to sell. As a result, tungsten enterprises raised related products quotation, including ferrotungsten, sodium tungstate, APT and tungsten powders.

Rare earth market quotation: Chinese rare earth price is steady and going up. Insiders pointed out that the development of rare earth industry and price moves mainly depend on national policy. And with rapid development in new energy vehicles industry and cracking down on illegal production of enterprises, the gap between supply and demand will narrow so as to support market price.