The concentrated steel biddings made stocks of most ferro molybdenum manufacturers remain at a low level in the short term and considering cautious attitude of most traders, ferro molybdenum price is expected to maintain stability and trading may increase this week. Molybdenum chemical and product enterprises will put high-price raw materials into production and product quotations are being tried to rise. If the orders keep increasing, market price would be the same trend.

Analysis of latest tungsten market in China from Chinatungsten Online: Domestic tungsten market keeps firm with tight supply of tungsten raw materials and rising price. In the tungsten concentrate market, product prices maintain at a high level and traders who have good mentality are reluctant to sell. Due to high production costs, ferro-tungsten manufacturers further increase product quotations.

Rare earth market quotation in China: the latest price of europium oxide, europium oxide and cerium oxide is unchanged from the previous trading day, but tend to rise on the whole. Driven by the intensive recovery of the industry at the beginning of this week, rare earth prices rose. 

Molybdenum market quotation in China: the latest price of molybdenum bar and molybdenum powder is unchanged from the previous trading day and ammonium heptamolvbdate price rises slightly. 

Analysis of latest tungsten market in China from Chinatungsten Online: There are rare goods traded in the main production areas of tungsten concentrate. Though downstream companies are more willing to trading, spot goods mainly concentrate on traders. As the market price fails to reach the expectation, businesses have strong rised mentality.

Rare earth market quotation in China: domestic rare earth price is in an upward trend on the whole amid the latest price of praseodymium oxide, neodymium oxide, praseodymium neodymium oxide edges higher. The rise benefits from strong demand after the holiday and further improved supply and demand.

Molybdenum market quotation in China: the latest price of molybdenum concentrate, sodium molybdate and molybdenum oxide rises slightly on active trading in the whole market. 

Analysis of latest tungsten market in China from Chinatungsten Online: After the Lantern Festival, domestic tungsten market becomes more active, but trading atmosphere is still quiet. The guide prices for early March from institutions and large tungsten enterprises were released on Monday, which boosts market confidence. Raw materials sellers are bullish on tungsten price, so the quotation keeps firm.

Rare earth market quotation in China: domestic rare earth price was stable with good momentum as market confidence was boosted by improving downstream demand. Sellers were reluctant to sell with good market outlook. But considering the quiet trading and news, the rise in price was limited.

Affected by good performance of China’s molybdenum market, price besides China keeps rising, which further stimulates export of molybdenum products in China. Spot goods are tight in domestic market while demand is increasing. The unbalance pulls molybdenum raw material price up and strong rised mentality of sellers.