Before the holiday, Chinese rare earth market is caught in heavy wait-and-see atmosphere amid less trading volume and stable price. A rare earth corporation in Guangdong announced on Sep. 26 that it will stop production to undergo repair for one month. 

Chinese molybdenum market keeps quite before the National Day amid the latest price of molybdenum concentrates, molybdenum oxide and ammonium tetramolybdate is unchanged from the previous trading day.

According to the Financial Times website on July 10th, China's army is increasingly recruiting smaller private sector start-ups to build the next generation of high-tech weapons.

In July 31st, U.S. media said, the U.S. military and arms dealers for up to 10 years of efforts, the Navy's electromagnetic railgun will put into the battlefield applications.

According to the People's Daily News, China Guangdong Nuclear Power and the nuclear construction, China Shipbuilding Heavy Industries, Dongfang Electric, Shanghai Electricand

Analysis of latest Chinese tungsten market from Chinatungsten Online: It is hard to make a transaction in the tungsten market and enterprises have lost their interests in recent trading. Price instability, weak demand and heavy wait-and-see atmosphere are common in the market. Moreover, transaction price has lost its rationality.

Rare earth market in China: Rare earth price tends to be stable, downstream demand is weak and the market continues to wait and see before the National Day. 

The latest price of molybdenum concentrate and molybdenum oxide is unchanged from the previous trading day while ferro molybdenum price declines slightly. Market confidence is hit by low bidding prices in steel mills and demand still remains weak, thus pessimistic is spreading in the molybdenum market. 

Analysis of latest tungsten market in China from Chinatungsten Online: Domestic tungsten price continues to fall this week, failing to reach expectations of both buyers and sellers. In the last trading days before the holiday, supply and demand refuse to budge, traders sell their products but no record of transaction, quotation purchases from downstream enterprises are low. Tungsten market is quite.

Rare earth price in China remain stable and permanent magnet plate is active. The Ministry of land and resources will organize inspection on overplanned mining, and further study to effectively use principle of inspiring and controlling to make sure total mining control index to be well-executed.