Trading in the international molybdenum market is thin owing to the weak demand and the price of ferro molybdenum and molybdenum oxide rises slightly. In China, the whole market is quiet and price maintains weak adjustment.

Analysis of latest tungsten market in China from Chinatungsten Online: Though raw material market shows tight supply again, most companies have not high willingness in selling and thus the whole trading volume is less. There are high quotations in some regions, but the actual transactions cannot support the rise of price.

Rare earth market quotation: Chinese rare earth price keeps the same trend with the previous trading day, with quiet trading atmosphere. Near the holiday, the whole market comes into the stage of waiting and seeing. In addition, the transportation is greatly influenced by the rainy and snowy. Therefore, sellers with good expectations for the late price are reluctant to sell. On the whole, rare earth price is likely to stabilize before the holiday.

In Chinese molybdenum market, the quotation from mines maintain in a high level, first grade tungsten concentrates have prices but no sales, and the trading for regular grade molybdenum concentrates reduces. With the approaching of Chinese Spring Festival, many international carriers are gradually stopping providing services, so foreign raw materials cannot be imported into the Chinese market now, which will stabilize molybdenum price. 

Analysis of latest tungsten market in China from Chinatungsten Online: The whole tungsten market in China has been remained thin trading recently, especially when the Chinese Spring Festival is coming. Tungsten enterprises mainly focus on the issue that more and more production lines are stopping, and thus the market maintains low enthusing in transactions.

Rare earth market quotation: rare earth prices in China remained stable and the latest price of terbium oxide, lanthanum oxide and europium oxide is unchanged from the previous trading day. The market is quiet with fewer transactions, buyers and sellers have different opinions about the market outlook, so the market is caught in heavy wait-and-see atmosphere.

Molybdenum market in China shows a little stalemate amid the latest price of molybdenum concentrate, molybdenum powder and molybdenum bar keeps stable. If miners take the initiative to reduce price for more shipments, downstream enterprise may further force the price down. Under the both tight supply of raw material at home and abroad, market price is likely to maintain the current trend.

Tungsten oxide market is expected to grow in a moderate way in 2018-2019, led by the Asia Pacific market, particularly China which accounted for majority of consumption in 2013. Major manufacturers of tungsten compounds are relocating their production facilities to China due to availability of cheap labor, infrastructure and attractive government policies. Republic of Korea, India, Vietnam, Malaysia, Cambodia, Australia, New Zealand and Sri Lanka are other major consumers of tungsten oxide in Asia Pacific. North America and Europe are mature markets.

Analysis of latest tungsten market in China from Chinatungsten Online: Opening this week, tungsten raw material enterprises are waiting for higher market prices, price in China maintains stability, and some quotations edger higher. Downstream manufacturers still have not high enthusiasm in purchasing, some of them stocking up on rigid demand. The whole tungsten market is continuing the weak demand and tight supply.

Rare earth market quotation: Chinese rare earth price continues to be stable owing to the quiet market trading. On the one hand, affected by the good expectation on policy and market demand, sellers are reluctant to sell; on the other hand, downstream enterprises are gradually finishing the target for stocking, so their interest in purchasing weakens. Under the deadlocked purchase and sale, short-term rare earth price is expected to stabilize.