Analysis of latest tungsten market in China from Chinatungsten Online: As raw material enterprises are more willing to sell their products, goods that can be sold in the market increase sharply. While downstream factories still remain low rate of operation, the supply exceeds demand and tungsten price in China starts to fall.

Rare earth market quotation: rare earth price in China was stable with good momentum on the whole last week. Operating rate in the raw material market maintained at a low level before the Chinese Spring Festival while downstream enterprisers are stocking up and thus market trading improves.

Molybdenum market quotation in China: molybdenum price continues to rise in China amid the price of molybdenum powder and molybdenum bar increases slightly and ammonium molybdate price remains unchanged. 

Analysis of latest tungsten market in China from Chinatungsten Online: Tungsten price in China was being adjusted to a certain extent last week. Oversupply showed in the raw material market as spot goods increased when more and more traders entered the market. Meanwhile, tungsten market was caught in wait-and-see atmosphere with fewer orders. These factors resulted market quotation of tungsten raw materials fell.

Rare earth market quotation: rare earth price in China returned to a stable trend amid the price of terbium oxide, cerium oxide and europium oxide was unchanged from the previous trading day. Marketing hype in good policy enhanced raw material enterprises’ rised mentality. While the quiet market news still limited the space of rise. There still have some risks in market demand and stocks, so short-term rare earth price is expected to remain weak adjustment.

With the support of raw material market, molybdenum market in China was stable with good momentum last week. Molybdenum prices showed downstream trend besides China, but rose slightly in China. Although there are differences in some regions, the whole market trend is not affected.

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.