Rare earth market quotation in China: domestic rare earth price continues to be stable in the midweek. On the one hand, spot resources become tight due to environmental protection and decreased imports from foreign countries; on the other hand, trading volumes are thin and enterprises face capital shortage. Therefore, insiders mainly wait and see at present. 

The latest prices of molybdenum power, molybdenum oxide and molybdenum bar are unchanged from the previous trading day due to continued weak demand and low buying interests. Although the relationship between China and America easing boosts market confidence slightly, deadlocked supply and demand presses prices down. In the short term, businesses will wait for the performance in steel biddings. 

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Analysis of latest tungsten market from ChinaTungsten Online

Chinese tungsten market remains weak adjustment in the first trading day of December on high pressure of funds. Although enterprises plan to stock up before the Christmas, the demand side continues to be weak with poor market confidence. 

The latest prices of lanthanum oxide, praseodymium oxide and praseodymium neodymium oxide maintain stability, supported by Chinese environmental protection and decreased imports of mines. Traders now have willing to raise their offer levels, but considering relative quiet market trading, the sales are limited. In the short term, rare earth price will stabilize. 

China molybdenum market quotation: Steel mills get a boost with a slight ease in recent Sino-US trade relations and thus businesses have more expectations for steel tenders. But due to continued imbalanced supply and demand, insiders are not active in stocking up.