Rare earth market quotation in China: domestic rare earth price rose slightly last week with thin market trading. Businesses mainly focused on the new listing prices of large rare earth enterprises. Industry analysts believed that some downstream enterprises without enough pre-holiday stockings will come into the market for purchasing in March, which may lead to short market supply. Therefore, they are now bullish on late market price. But the current market stocks still limit the price rise. 

International molybdenum price continues to rise due to tightening availability of raw material and high price demand is less with strong rised mentality. While domestic market is active in trading, molybdenum raw material price hits record high.

Analysis of latest tungsten market in China from Chinatungsten Online: APT, tungsten powder, tungsten carbide and tungsten concentrate market are stable amid high quotation in some regions and limited trading volumes. The price in the raw material market is in chaos and with the influence of two sessions in March, the production capacity is releasing slowly. Besides, as downstream smelters have finished the stocking up before the Chinese New Year, the demand for tungsten concentrate has not recovered yet, causing the thin tungsten market.

Rare earth market quotation in China: domestic rare earth price rises slightly amid the latest price of terbium oxide, dysprosium oxide and praseodymium neodymium oxide edges higher. Sellers are optimistic about late supply and demand pattern to raise their offers. But there are no latest news coming from national purchasing and storage, which limits the adjustment space. Besides, market trading is not active now, and downstream purchasing mentality is cautious, waiting for the guide from new listing prices.

International molybdenum price is in an upward trend amid continuous increasing trading and tight supply of spot goods. While in China, the market is active, with more enquiries and rising prices.

Analysis of latest tungsten market from Chinatungsten Online: China’s tungsten market was stable with good momentum at the last trading day of February, with fewer transactions concluded. The new guide prices for the March will soon be released, so market participants with good mentality mainly wait and see.

Rare earth market quotation in China: domestic rare earth price maintains stability on thin market trading and quiet fundamental messages. Around the Lantern Festival, traders remain low willingness in trading, transactions have not registered an obvious growth and buyers and sellers have different psychological prices. In the short term, the price will still be stable.

International molybdenum prices increase on tightening raw material supply while China’s molybdenum market becomes active amid trading volumes climb and raw material prices keep firm with upward trend.

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