Chinese molybdenum price remains weak adjustment because steel bidding plans for ferro molybdenum are unclear and the market faces pressure. The latest price of molybdenum concentrate and molybdenum oxide falls slightly.

The latest price of terbium oxide, dysprosium oxide and praseodymium neodymium oxide declines slightly because sellers are reluctant to sell and downstream customers remain low buying interest. 

Chinese molybdenum price is in a downward trend earlier this week. The latest price of molybdenum powder and molybdenum concentrate maintains stability and ferro molybdenum price declines slightly.

Analysis of latest tungsten market from Chinatungsten Online: Chinese tungsten market is quiet with fewer transactions and stable market prices opening this week. Smelting factories in China’s major tungsten production hub will resume work very soon and insiders hold different views on the tungsten market outlook. 

Analysis of latest tungsten market from Chinatungsten Online: Affected by the environmental protection policy, sodium tungstate price has been in an upward trend recently. Enterprises in Jiangsu province, China stop production and will not resume work in the short term. The tight supply would continue to push spot price higher. 96% sodium tungstate price stands at $20.645-20,968/t at present.  

Analysis of latest tungsten market from Chinatungsten Online: Chinese tungsten price continues be deadlocked this week amid the price of tungsten oxide, tungsten powder and tungsten bar has been remained unchanged recently. 

Chinese rare earth price is in an upward trend as a result of the environmental protection inspection reducing production. Contradiction between supply and demand tends to ease. And the rise in listing prices of Southern Rare Earth earlier this week boosts market confidence. But psychological agreed prices between buyers and sellers are different, so the current market quotation stabilizes. 

Chinese molybdenum price is in a downward trend at present amid the latest price of molybdenum concentrate and sodium molybdate falls slightly and molybdenum powder price is unchanged from the previous trading day. Weak market demand, poor performance of steel biddings and weakening support from raw material side are the main reasons. 

Analysis of latest tungsten market from Chinatungsten Online：Buyers and sellers are in a stalemate as tungsten market in China is tight in supply and weak in demand. At present, insiders mainly focus on the recovery of smelting factories in major tungsten production areas and the guide prices for the second half of June from large tungsten enterprises. 

Analysis of latest tungsten market from Chinatungsten Online: Opening this week, Chinese tungsten price is unchanged from the previous trading day amid the price of tungsten powder, ammonium paratungstate and ferro tungsten maintains stability.