Rare earth market quotation in China: domestic rare earth price remains unchanged amid the price of terbium oxide, europium oxide and praseodymium oxide stabilizes. The rigid demand fails to meet market expectations, coupled with sufficient supply of spot goods and without guidance from policy, sellers’ willingness in shipments is stronger than downstream market’s purchasing. In the short term, rare earth price still faces risk of declining.

In China’s molybdenum market, prices remain unchanged, affected by the game between upstream and downstream of industry chain. At present, both sellers and buyers are difficult in selling and quoting, with heavy wait-and-see atmosphere. 

Analysis of latest tungsten market from Chinatungsten Online: After the release of new guide prices from large tungsten enterprises and associations, most market participants in China become more optimistic about the outlook and thus tungsten price shows signs of rise, increasing high-price transactions. Terminal market remains low trading activity, which limits the rise of market price.

Rare earth market quotation in China: the latest price of terbium oxide, neodymium oxide and praseodymium neodymium metal edges lower and europium oxide price remains stability. In the market, there still have no guidance news showing, which further weakens market confidence. Shipment and purchasing are both not active and under the high pressure of supply and demand, thin trading results weak market trend.

Molybdenum price in China continues to maintain stability and the market is caught in wait-and-see atmosphere. At present, steel mills start to call for bids for ferro molybdenum, but the price needs further confirmation. And the environmental protection policy also affects the activity of whole chain of the industry. 

Analysis of latest tungsten market from Chinatungsten Online: Returning from the holiday of Labors Day, the price of tungsten concentrate and APT rose slightly and terminal tungsten powder price also picked up under the continuous increasing of production cost. But considering the rising of tungsten raw material prices and strong rised mentality of enterprises, tungsten price will be in an upward trend this week.

Rare earth market quotation in China: the latest price of neodymium oxide and praseodymium neodymium oxide fell slightly and europium oxide price maintained unchanged, affected by the quiet market news and bad trading atmosphere. The market supply is now sufficient, but the weak terminal demand dampens market participants' enthusiasm. In the short term, traders will wait and see the listing prices of large rare earth enterprises.

Molybdenum market in China: domestic molybdenum price has been remained weak recently on tight supply of mines and rised mentality of sellers. As steel biddings in downstream market perform poorly, sellers keep cautious on stocking up, which presses the rise in market price. The deadlocked supply and demand is hard to ease in the short term, so the market would prefer the long-running transactions.

Analysis of latest tungsten market from Chinatungsten Online: This week, mainstream tungsten quotations in China climb, supported by strong rised mentality in the raw material side. But due to the thin trading in sellers’ market, traders maintain the wait-and-see atmosphere. Before the release of guide prices of this month from large tungsten enterprises and associations, tungsten market will show stable.

Analysis of latest tungsten market from Chinatungsten Online:

Due to the tightening availability of spot goods, domestic tungsten price keeps stable at the beginning of May. Businesses now have strong rised mentality while market demand shows no signs of improvement. Therefore, China’s tungsten market is caught in wait-and-see atmosphere, waiting for the new guide prices.