Rare earth market quotation in China: lanthanum oxide price is unchanged from the previous trading while the latest price of neodymium oxide, praseodymium neodymium metal and praseodymium neodymium oxide falls slightly. The first batch of total amount of rare earth ore mining control in 2018 was released, which provides a boost for the industry. But pressed by the weak demand and quiet policy news, rare earth market is not active.

The price and quantity in steel biddings both increase this week, raising manufacturers’ rised mentality. And the continuous tightening availability of molybdenum raw materials makes sellers reluctant to sell. Therefore, molybdenum price in China rises slightly.

Analysis of latest tungsten market from Chinatungsten Online: Domestic tungsten price continues its stabilization and supply and demand refuse to budge. As sellers are reluctant to sell, low-price resources reduce. At the same time, purchasers remain low buying interest, mainly on rigid demand. Under the thin market trading, tungsten market will not have great change.

Rare earth market quotation in China: rare earth price is stable at present due to deadlocked supply and demand and heavy wait-and-see atmosphere in the market. The imbalanced supply and demand of rare earth related products presses rised mentality of businesses. Short-term rare earth price is expected to change slightly and traders are waiting for the new guide from large rare earth enterprises.

Molybdenum price in China rises slightly due to the continuous tight raw materials and increased quantity of steel biddings. Traders show good mentality, but remain cautious in stocking up, which presses market price.

Analysis of latest tungsten market from Chinatungsten Online

Opening this week, domestic tungsten price is in a stalemate and market trading is not improved. Affected by the environmental protection policy, smelting factories are not active in restarting work and tungsten raw material supply becomes tight. While terminal demand still remains weakness, and large tungsten enterprises’ quotations for the second half of April stabilize, so insiders are mainly waiting for the next move in the market.

Rare earth market quotation in China: the supply and demand is in a stalemate as raw material suppliers have negative mentality and traders remain low buying interest. Considering the support of production costs, sellers are reluctant to sell to stabilize product prices. Therefore, rare earth price is expected to maintain stability before the clear of market trend.

China’s molybdenum price shows stabilization on good mentality of businesses. On the one hand, the release of production capacity in mines is limited, plus the recovery of steel biddings accelerates consumption in sellers’ stocks, spot goods in the market are tight; on the other hand, the rise in international molybdenum price boosts Chinese market confidence, so traders are more reluctant to sell. Insiders now are waiting for the next move of the market, with deadlocked transactions.

Analysis of latest tungsten market from Chinatungsten Online: A large tungsten enterprise in Jiangxi province, China released its guide prices for April last Friday amid 65% wolframite concentrate price was $17,580.6/t, 65% scheelite concentrate price was $173,387.1/t, APT price was $308/mtu, unchanged from that of late March. The result shows that main large tungsten enterprises hold stable mentality on market outlook, which will further limit the rise or decline in tungsten price.

Rare earth market quotation in China: domestic rare earth price maintains weak adjustment on heavy wait-and-see atmosphere in the market and purchasing on rigid demand. Though sellers have strong rised mentality, the quiet policy and news weakens market confidence, plus the sufficient stocks and imbalanced supply and demand, businesses will remain low buying interest in the short term.