Chinese molybdenum prices started to rebound on Wednesday January 23 because the profit margin of ferromolybdenum plants was severely squeezed by steel mills. Besides, manufacturers have strong rised mentality and raised their offer levels. 

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Analysis of latest tungsten market from Chinatungsten Online

Opening this week, tungsten prices in China continued to maintain stability due to heavy wait-and-see atmosphere and low trading activity of market participants with the approaching of Spring Festival. 

Rare earth market quotation in China: domestic rare earth price maintains stability on quiet market trading. On the one hand, buyers and sellers have different psychological prices due to deadlocked supply and demand, stricter environmental protection and weak demand; on the other hand, more and more factories plan to stop production and traders remain low buying appetite. On the whole, rare earth price would stabilize in the short run. 

Chinese molybdenum prices show signs of rise in the week to Tuesday January 22. Steel mills raised their enthusiasm of replenishments when ferro molybdenum prices were forced down. So market trading increases and sellers are reluctant to sell at low prices. Some of them try to increase their offer levels. 

Analysis of latest tungsten market from Chinatungsten Online

Chinese tungsten prices remained stable in the week ended on Friday January 18 as buyers and sellers were in a stalemate. Sellers were reluctant to sell their products at low prices while purchasers tried to forcing prices down. So market transactions were hardly concluded and prices hovered around tungsten price forecasts of tungsten associations. 

Analysis of latest tungsten market from Chinatungsten Online

Tungsten prices in the Chinese market continued to maintain stability in the week to Friday January 18 on quiet fundamental and low buying appetite. After a long period of watchful attitude under squeezed profits, disappointed replenishments of downstream and mines stopping production to undergo repair, market enquiry becomes active. 

Rare earth market quotation in China: prices of neodymium oxide, cerium oxide and dysprosium oxide remained unchanged in the week began on January 14 owing to muted buying interests. Praseodymium and neodymium manufacturers face great pressure of sales, so they adjust prices downward. 

China molybdenum prices were in the downward trend in the week began on Monday January 14 due to the decline in prices and quantity of steel biddings and replenishments of downstream failing to meet market expectations.