Rare earth market quotation: rare earth market in China is quiet amid the price of praseodymium oxide, cerium oxide and lanthanum oxide stabilizes. From September, domestic rare earth price kept declining, some of downstream enterprises even replenished stocks when prices are at the lowest point. Meanwhile, sellers rised mentality is strong, coupled with the support of the rare earth industry order readjustment from MIIT and good expectation of storage and purchasing, rare earth price shows signs of rebound. 

Molybdenum market quotation: the latest price of molybdenum dioxide, molybdenum concentrate and sodium heptamolybdate is unchanged from the previous trading day. Chinese molybdenum market is stable, enterprises have strong rised mentality, but trading volume is thin. 

Analysis of latest tungsten market in China from Chinatungsten Online: This week, Chinese tungsten market continues to show good momentum and tight supply of raw material is the main feature of the market. Under the pressure of tight funds, deadlocked supply and demand, tungsten price slows down the pace of rise. After the holiday, the new law of environmental protection will be implemented, further reducing market resources. Short-term tungsten price is likely to rise.

Rare earth market quotation: this week, Chinese rare earth price stabilizes on the whole amid lanthanum oxide price is unchanged from the previous trading day and the price of dysprosium oxide and praseodymium neodymium oxide rises slightly. Supported by purchasing and storage of State Reserve Bureau, good expectation for the market outlook, traders have strong rised mentality. But as trading volume in downstream market is less and financial strain, rare earth market refuses to budge. Market price is likely to rise in the short term.

Molybdenum market quotation: approaching the Chinese new year, domestic molybdenum market is running steadily amid molybdenum raw material is tight and market trading is active. After the Christmas, international molybdenum price rises sharply. Affected by that, domestic related manufacturers raise their quotation. But market trading is less. The cold weather is still influencing the production of mines, so shortage of raw material will continue.

4.Austria: In 2016, the output of Austria tungsten mine was 860 tons. Most of its production was from the Mittersill Hill tungsten mine, which is an evergreen tree in the European tungsten mine. Its output has been stable for many years. The tungsten ore in 2009 by the world's largest hard alloy Sandvik acquisition, increased the persistence of tungsten hard power.

Analysis of latest tungsten market in China from Chinatungsten Online: The tax law of environmental protection will soon be implemented in 2018, which brings good news for the whole industry chain. Thus the stability of tungsten price will continue. While the thin terminal market also means a mood of caution covering the tungsten market.

Rare earth market quotation: Chinese rare earth price stabilizes temporarily amid the price of europium oxide, lanthanum oxide and neodymium oxide is unchanged from the previous trading day. Domestic rare earth price has continued to decline since September, and with the consumption of market stock, market rised mentality is strong. So short-term rare earth price is expected to rebound.

Molybdenum market quotation: the latest price of sodium methoxide, molybdenum powder and molybdenum bar stabilizes while molybdenum oxide price edges higher. With the coming of New Year, some traders in the market are staring to stop transactions, and then trading volume reduces accordingly. Spot goods in most mines are rare, and downstream buyers have not high enthusiasm in purchasing. As a result, molybdenum raw material market refuses to budge. But insiders are optimistic about the price.

Tungsten is an important strategic resource, which is widely used in modern manufacturing and military industry. With the development of China's economy, there will be more and more demand for tungsten and rare earth in China's manufacturing and military industry in the future. Fuel oil may be replaced by new energy.