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.

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

Analysis of latest tungsten market in China from Chinatungsten Online：Last Friday, the long-term negotiated price for the second half of October from Zhangyuan Tungsten was released. Wolframite concentrate quoted at $16,046 per tonne, down $232 per tonne compared with the first half of this month; scheelite concentrate lowered $232 per tonne to $15,814 per tonne; APT lowered $310 per tonne to $280 per mtu. Although the guidance price edges lowers on the whole, slightly higher than the actual transaction of the spot market. It also gives some support for bulk single price.

Rare earth market quotation: Rare earth price kept declining last week affected by less trading volume in the downstream and the reduction of enterprises’ listing price that weakened market confidence. 

Molybdenum market quotation: Chinese molybdenum products price was weak on the whole last week amid molybdenum oxide price remained stable, due to the light trading in the market.