Analysis of latest tungsten market in China from Chinatungsten Online: In tungsten concentrate market last week, spot supply remained tight, buyers and sellers had low willingness to trade and large quantities of trading was rarely seen. Stocks in the tungsten ore were in low level while traders were reluctant to sell without the pressure of stocks. Moreover, purchasers were active to enquiry. In the market, low price of goods were less and the quotation became stable amid prices of 65% wolframite concentrate were $16,589-16,899/t.

Rare earth market quotation: Chinese rare earth price continued to remain weak adjustment last week amid the price of dysprosium oxide, terbium oxide, neodymium oxide declined slightly.

Molybdenum market quotation: the price of molybdenum concentrate, ammonium tetramolybdate, and ferro molybdenum is unchanged from the previous day. Last week, domestic molybdenum price remained stable.

Molybdenum market quotation: the price of molybdenum concentrate, ammonium tetramolybdate, and ferro molybdenum is unchanged from the previous day. Last week, domestic molybdenum price remained stable.

Analysis of latest tungsten market in China from Chinatungsten Online: The supply of tungsten concentrates is becoming more and more tense, and its outflow is rarely seen in the main production and trade markets in the near future. 

Rare earth market quotation: as the market shows no policy news, rare earth price is under pressure from unbalanced fundamentals and funds and traders are caught in heavy wait-and-see atmosphere. The latest price of europium oxide, praseodymium oxide and dysprosium oxide maintains stability. 

Molybdenum market quotation: the latest price of molybdenum concentrate, molybdenum disulfide, and ferro molybdenum is unchanged from the previous trading day as the molybdenum market is quiet without any favorable news coming from steel biddings. 

After continuous rally, tungsten price stared to stabilize last week, some tungsten ore traders chose to make proper shipments and the difficulty of purchasing raw materials for downstream market was reduced. Moreover, the quotation in the tungsten concentrate market was closed to the floor level. Under the high quotation of APT, downstream buyers were reluctant to purchase, so the actual trading price shown signs of slight drop. As for the tungsten powder market, market participants waited and saw, and high quotation became less.

Rare earth market quotation: The latest price of praseodymium oxide, terbium oxide and lanthanum oxide is unchanged from the previous trading day as the listing prices of large rare earth enterprises maintain stability.

Molybdenum market quotation: The latest price of molybdenum concentrate, molybdenum oxide and sodium molybdate is unchanged from the previous trading day.