Chinese rare earth prices have moved down slightly again, among which the price of praseodymium oxide has dropped by about RMB 5,000/ton, the price of praseodymium-neodymium oxide has dropped by about RMB 6,000/ton, and the price of gadolinium oxide has dropped by about RMB 2,000/ton. 

The domestic Chinese molybdenum market as a whole maintains a stable operation. With the small profit margin of raw material suppliers and the low consumption enthusiasm of buyers, the market is in a wait-and-see mood and the order growth rate is slow. At present, the industry focuses on the shipment of mining enterprises and the performance of steel bidding volume and price.

The domestic Chinese molybdenum market as a whole maintains a stable operation. With the small profit margin of raw material suppliers and the low consumption enthusiasm of buyers, the market is in a wait-and-see mood and the order growth rate is slow. At present, the industry focuses on the shipment of mining enterprises and the performance of steel bidding volume and price.

Analysis of latest tungsten market from Chinatungsten Online

On the first day after the Dragon Boat Festival, China tungsten prices were temporarily stable. 

Analysis of latest tungsten market from Chinatungsten Online

China tungsten prices exhibited a pattern of initial decline followed by stabilization. 

The overall domestic rare earth market is still weak. Under the influence of many uncertain factors, the price trends of light and heavy rare earth products are slightly different, that is, the price of praseodymium and neodymium remains stable, while the price of dysprosium and terbium continues to decline slightly.

The Chinese domestic molybdenum market as a whole maintains stable operation in the week began on Monday June 11, 2024. 

Analysis of latest tungsten market from Chinatungsten Online

The short-term tungsten market remains stable as the Ganzhou Tungsten Association (GTA) and major tungsten enterprises have released their latest price guidance. 

Chinese rare earth prices showed a trend of fluctuating decline in the week ended on Friday June 7, 2024, among which the price of praseodymium-neodymium oxide dropped from about 377,000 yuan/ton to about 364,000 yuan/ton; the price of terbium oxide dropped from about 6,060 yuan/kg to about 5,790 yuan/kg. 

Chinese molybdenum price generally showed a high consolidation situation in the week ended on Friday June 7, 2024, mainly due to the low willingness of molybdenum mining enterprises to reduce sales and the general performance of steel bidding volume and price.