Molybdenum market quotation in China: domestic molybdenum price fell slowly last week as poor performance in new round of steel biddings hit market mentality. Insiders are reluctant to sell in the demand side while raw material market faces little pressure of selling. Affected by the Tomb Sweeping Day in China, molybdenum price will maintain stability.

Analysis of latest tungsten market from Chinatungsten Online: Ganzhou Tungsten released the guide prices for April yesterday: 65% wolframite concentrate was quoted at $17,581/t, down $645/t compared with last month; APT was quoted at $308/mtu, down $9/mtu month-on-month; medium particle tungsten powder was quoted at $44/kg, down $0.8/kg.

Rare earth market quotation in China: the latest price of lanthanum oxide, dysprosium oxide and lanthanum oxide is unchanged from the previous trading day on deadlocked supply and demand. 

The poor demand raised worry of businesses for the outlook of molybdenum concentrate market. And the weakness in raw material side caused anxious mentality for trading, so the quotation maintains stability.

Analysis of latest tungsten market from Chinatungsten Online: With the coming of Qingming Festival, domestic tungsten market without the guidance of news keeps quiet. The game between supply and demand is continuing, buyers and sellers remain low willingness in trading and businesses mainly wait for the new guide from large enterprises.

Rare earth market quotation in China: domestic rare earth price has maintained stability recently. Though buyers and sellers have different psychological prices, sellers have strong rised mentality and downstream factories purchase according to orders. News side is still quiet and market participants mainly wait and see, with thin trading. 

A large mine in Heilongjiang, province may start to undergo repair this week and another one in Mongolia will also suspend production and maintenance for about 15 days this month. The shout supply of raw materials is now the main factor supporting high quotation of miners. But market demand is hard to be improved, so molybdenum concentrate price is under pressure.

Analysis of latest tungsten market from Chinatungsten Online: Tungsten market in China ran steadily on the whole in March, no matter a higher rush in the middle of month or a slight decline at the end of the month, actual transactions only has a little change. 

Rare earth market quotation in China: the rare earth market was stable in the whole week because large enterprises’ stable quotation gave confidence for business. The news side is quiet at the time being, both buyers and sellers wait and see, and traders are more optimistic about the late pattern of supply and demand. This week, rare earth price will continue the current market trend.

Molybdenum market quotation in China: the latest price of molybdenum bar, molybdenum powder and molybdenum concentrate is stable at present. The sharp rise in molybdenum price at home and abroad from late last year has stimulated some small-and-medium mines to start producing. The increasing molybdenum raw materials intensify the competition of ferro molybdenum market.