Rare earth market in China is quite in the first half of September amid the price of praseodymium oxide, neodymium oxide, dysprosium oxide and terbium oxide declines slightly. Insides regard this round of price reduction as a normal cyclical behavior, which will be conducive to the release of some risks and lay a solid foundation for strong market. In the short term, market operations will be more cautious. We suggest paying more attention to the national purchasing and storage at the end of the month.

Molybdenum market in China stabilizes as market participants with good expectation for afternoon market wait for new orders from customers. 

Analysis of latest tungsten market in China from Chinatungsten Online: Tungsten price slightly declined last week. With the rally in previous price, many buyers made certain profits in spot markets, thus more and more buyers sold their products at high price, suggesting a lack of conviction behind the gains. 

Rare earth price in China changes little amid europium oxide and dysprosium oxide edge lower. Before August, the price of rare earth was surging, making short supply in the market, production planning and scheduling in the manufacturers. 

The latest price of molybdenum concentrates, molybdenum oxide and ammonium heptamolybdate is unchanged from previous trading day as the market runs steadily.  

Analysis of latest tungsten market in China from Chinatungsten Online: Domestic tungsten prices continue to reach stalemate when the weekend approaches. Tungsten ore supply is limited, suppliers maintain strong position and some scattered sources flow out of the market.

Analysis of latest tungsten market in China from Chinatungsten Online: This week, domestic tungsten market stabilizes after in line for some weak consolidation. As the supply remains tight, traders’ profit delivery not only weakens strong market, but also releases some high price risks.

The latest price of dysprosium-iron alloy, europium oxide and praseodymium oxide edges lower due to less transaction volume, but permanent magnet plate continues to rise. 

The latest price of molybdenum concentrate, ammonium molybdate remains stable and molybdenum bar edges higher, as sellers are reluctant to sell out and market is caught in wait-and-see atmosphere.

Analysis of latest tungsten market in China from Chinatungsten Online: Tungsten market this week is gradually seeing stable after considerable oscillation last week and the mentality of enterprises also become calm from panic in the beginning. The reason for the sharp pullback mainly owes to the short-term oversupply that has been enlarged infinitely.