Rare earth market quotation in China: the latest price of terbium oxide and praseodymium neodymium metal climbs slightly while neodymium oxide price remains unchanged because concentrated replenishment of enterprises boosts market confidence and thus raises sellers rised mentality.

In Chinese molybdenum market, market offers have been remained weak recently due to unclear new round of tender for steel mill and weak ferro molybdenum market. 

Analysis of latest tungsten market from Chinatungsten Online: Tungsten ore enterprises that are facing high pressure of sales are not willing to sell their products because the environmental protection policy stopping production offers support to tungsten raw material market. 

Rare earth market quotation in China: Chinese rare earth price is stable on the whole amid the price of praseodymium and neodymium related products continues to show signs of rise. 

The latest price of molybdenum disulfide, molybdenum powder and sodium molybdate maintains stability when market participants show good mentality with the going on of steel biddings at the end of May.

Analysis of latest tungsten market from Chinatungsten Online

Opening this week, Chinese tungsten market still is caught in wait-and-see atmosphere, with stalemated supply and demand. The price movements in different industry chains are different, as well as mentality of buyers and sellers. At present, low-price products are rare, high-price products are hardly to be sold, so market offers range slightly. 

Chinese rare earth price maintains stability on the whole amid the price of praseodymium, neodymium and gadolinium related products shows signs of rise.

Chinese molybdenum market is in line for some consolidation amid the latest price of molybdenum powder, molybdenum oxide and ammonium heptamolybdate is unchanged from the previous trading day. Market trading performs poorly and traders are waiting for the new round of steel biddings.

Analysis of latest tungsten market from Chinatungsten Online: Although China’s tungsten price hit nearly three-year high at present, the whole trading volumes are limited, affected by many uncertain factors for smelting factories in major tungsten production area Jiangxi after restarting production. The market now is caught in wait-and-see atmosphere.

Opening this week, the latest price of europium oxide, dysprosium oxide and praseodymium neodymium metal maintains stability despite Chinese rare earth price shows signs of rise because the recent sluggish prices encourage customers to enter the market for trading.