Rare earth market quotation in China: domestic rare earth price stabilized with good momentum in the week to Friday November 30. Earlier this month, resources in Myanmar were banned to import into China, raising the expectation for further tight supply of raw materials. Affected by that, insiders remain the strong rised mentality. 

China molybdenum prices were in the downstream trend in the week to Friday November 30, affected by lowered prices and quantity of steel biddings. The tightening availability of molybdenum concentrate offers supports for sellers, but downstream customers remain low buying interests. Therefore, trading atmosphere is quiet with thin trading volumes. 

Analysis of latest tungsten market from ChinaTungsten Online

The wolframite concentrate price in China continued to fall in the week to Thursday November 29 amid weak demand, while the ammonium paratungstate (APT) market remained slow with participants awaiting further direction.

In China, prices of terbium oxide, dysprosium oxide and praseodymium neodymium metal edge higher in the week to Thursday November 29. Mines exporting from Myanmar still are banned, plus with an increase in stocking up raw materials, market confidence is boosted, deadlocked supply and demand is eased slightly. 

Prices of ferro molybdenum and molybdenum oxide drop slightly in the week to Thursday November 29. Affected by the decline in prices and quantity of steel biddings, dealers lower selling and buying activities, and market confidence also is weakened. 

According to Sci-tech Daily on February 1, researchers from the FDS Fenglin Nuclear Energy Team of the Institute of Nuclear Energy Safety Technology of the Chinese Academy of Sciences have made breakthroughs in the physics and technology of neutron transport. The team developed HINEG, a high-current deuterium-tritium neutron source experimental device, in which the intensity of neutron source is the first in the world.

Analysis of latest tungsten market from ChinaTungsten Online

It was reported that a listing tungsten enterprises in Guangdong released its offer levels for the second half of November. wolframite concentrate was quoted at $15,461.5/t, down $76.9/t compared with last month; scheelite concentrate was quoted at $15,307.7/t, down $76.9/t from last month; ammonium paratungstate (APT) was quoted at $276.4/mtu, down $6.1/mtu. The offer levels are basically in line with current market trend. 

Dysprosium oxide price climbs slightly while prices of praseodymium oxide and praseodymium neodymium metal maintain stability in China. 

The latest prices of molybdenum powder, ferro molybdenum and molybdenum oxide are unchanged in the midweek November 28. 

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