Analysis of latest tungsten market in China from Chinatungsten Online: Domestic tungsten price continues its stable trend with improved transactions mainly on rigid demand. With the increase of sales willingness of traders, the wait-and-see atmosphere becomes heavier in the buyer’s market. The whole market now is maintaining low enthusiasm in trading, limited the price rise.

Rare earth market quotation in China: domestic rare earth price maintains stability on the whole amid the latest price of terbium oxide and dysprosium oxide rises slightly and cerium oxide price is unchanged from the previous trading day.

Ammonium molybdate enterprises raised quotation yesterday amid the first grade ammonium molybdate was quoted at RMB 11,500-11,600/t. Most buyers now are cautious on high-price products. After the rise of molybdenum concentrate price, some enterprises start to purchase in a small amount of quantity, but high-price products are seldom concluded.

Analysis of latest tungsten market in China from Chinatungsten Online: Trading volumes in tungsten market have been remained at a low level since the Chinese New Year. Opening this week, some traders are more willing to sell, but downstream factories only purchase on their orders, which enhances the heavy wait-and-see atmosphere. So tungsten price will keep stable in the short term.

Rare earth market quotation in China: domestic rare earth price continues to be steady with deadlocked supply and demand. In last week, the whole price kept rising, stocking up after the holiday enhanced sellers’ bullish mentality. In view of downstream manufacturers’ negative mentality to raw materials, the whole market trading was thin.

As molybdenum concentrate and ferro molybdenum prices continue to increase, traders’ buying begins to decrease and market participants are caught in heavy wait-and-see atmosphere.

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Analysis of latest tungsten market in China from Chinatungsten Online: The overall tungsten market activity saw slight increase last week. Though tightening availability of spot goods in the tungsten concentrate market, transactions were mainly concluded in high prices.

Rare earth market quotation in China: domestic rare earth price maintained stability after rising on good expectation for relationship between supply and demand and strong rised mentality of traders. But downstream demand is still hard to be improved, so the market is caught in heavy wait-and-see atmosphere.