Molybdenum market quotation: The latest price of molybdenum concentrate, ammonium tetramolybdate and sodium molybdate is unchanged from the previous trading day as the market still remains quiet. 

Analysis of latest tungsten market in China from Chinatungsten Online: This week, mainstream tungsten products price still remains weak adjustment. The market becomes more cautious due to the shortage in raw material supply, the quotation from large enterprises and institutions is close to the market and sellers are optimistic about the afternoon market, but trading volumes are less, just as before.

Rare earth market quotation: Rare earth price in China operates steadily for the moment amid the price of praseodymium oxide and cerium oxide stabilizes. At present, spot goods circulating in the rare earth market are adequate, downstream businesses have low willingness to purchase, so rare earth price is hard to rebound in the short term. 

Molybdenum market quotation: The latest price of molybdenum concentrate, molybdenum oxide, ferro molybdenum is unchanged from the previous trading day. This week, domestic molybdenum price maintains stability on the whole, supply and demand is in a stalemate and steel biddings are unclear. The market without clear guidance has light trading and businesses operate cautiously.

Analysis of latest tungsten market in China from Chinatungsten Online: Tungsten concentrate was in short supply again from yesterday, and the purchase of it in the mainstream smelters also became tense. Tungsten concentrate market is more active, and products price tends to be recovered, so some enterprises start to expect the rally in price again.

Rare earth market quotation: Domestic rare earth prices remain weak amid praseodymium oxide and cerium oxide price are stable. The new round of listing prices of rare earth products from Southern Rare Earth Group are released, of which the price of dysprosium and yttrium oxide edges lower and other products remain stable.

Molybdenum market quotation: The latest price of molybdenum concentrate, sodium molybdate and molybdenum bar is unchanged from the previous trading day. As the supply and demand are in a stalemate, the market is quiet, domestic molybdenum price will remain stock adjustment. 

In January 4, 2017, Premier Li Keqiang attended a symposium on overcapacity industry, he said, China hasn't been able to produce die steel, like ballpoint pens, which require import.

Analysis of latest tungsten market in China from Chinatungsten Online: In the earlier stage of third quarter, tungsten products price jumped on the back of tight supply. But, it takes time for the terminal market to digest and more risks are produced along with price rally. Besides, it has no continuous demand for the adequate stock purchased in the earlier stage, so the price sees a callback now.

Rare earth market quotation: Rare earth market in China is in a stalemate amid dysprosium oxide price rises slightly, as imbalance between supply and demand remains grim.