Analysis of latest tungsten market in China from Chinatungsten Online: Tungsten price in China remains weak adjustment this week. Terminal demand is still weak in the market, but tungsten goods increase as sellers are gradually reducing their stocks. Transaction prices for raw materials are being pressed down. Tungsten market in China now is caught in heavy wait-and-see atmosphere.

Rare earth market quotation: rare earth price in China represents the upward trend on the whole amid the price of cerium oxide, neodymium oxide and lanthanum oxide is unchanged from the previous trading day. Market confidence is being shored up when prices decline to a low point. But affected by high level of downstream market stocks, the pace for rise is slow. Downstream enterprises have high willingness in stocking up at the year-end, and we forecast that rare earth price will rise in a moderate way in the short term.

Molybdenum market quotation: international molybdenum price declines from record highs while price in China rises slightly. In China, supply of molybdenum raw material is still tight and market trading improves, but few transactions in high-price trading.

Analysis of latest tungsten market in China from Chinatungsten Online: Prices of main tungsten raw material start to fell under the reduction of stocks of traders. The reasons for the decline, on the surface, are due to the relatively stability in guide prices from Tungsten Associations and large enterprises; substantially, are trade capital inflows and outflows after the continuous rise in tungsten price.

Rare earth market quotation: the latest price of terbium oxide, dysprosium oxide and praseodymium neodymium metal rises slightly as the positive factors dominating the market now. On the one hand, terminal demand will be improved with the development of new energy industry; on the other hand, the government is regulating the whole industry, which enhances market confidence. The short-term rare earth market is optimistic.

Recently, most regions in Northern and Northeast China have been in a rainy and snowy weather. Low water in winter and environmental protection inspection also continue. These factors further reduce the production rate of mines. The tight supply of raw materials reinforces rised mentality of molybdenum enterprises. Therefore, molybdenum price in China is rising in a moderate way and is expected to go up in the short term.

Analysis of latest tungsten market in China from Chinatungsten Online: Affected by financial strain and moderate attitude of large tungsten enterprises, there have trading in some areas. But as the cold winter and environmental protection is continuing, production in mines will be limited. Therefore, the space of rise is limited before the holiday.

Rare earth market quotation: the latest price of neodymium oxide, dysprosium oxide and praseodymium neodymium metal rises slightly owing to optimistic mentality of traders. Today, rare earth price maintains at a low level after continuing decline in the earlier stage. Downstream manufacturers demand for replenishing stocks increases. With the orderly advance of reorganization in rare earth industry, short-term rare earth price is expected to rise.

Molybdenum market quotation: the latest price of molybdenum dioxide, molybdenum powder and molybdenum concentrate maintains stability. Trading volumes in the market are reducing and mines are reluctant to sell due to cold weather decreasing productivity in raw materials. While downstream enterprises are continuing the enquiries, price of molybdenum is high. 

Tungsten finished products market is expected to expand at a moderate pace in the next few years as the demand for heaters and corona wires will continue to maintain at a high level.