Rare earth market quotation: Chinese rare earth price maintained stability last week as there had no substantial news of purchasing and storage coming of the government and the guidance prices from large enterprisers disappointed market participants. The rare earth market was caught in heavy wait-and-see atmosphere, buyers and sellers were refuse to budge and trading was still less. This week, if there have no clear guidance in the market, rare earth price may remain weak adjustment under the weak demand.

Molybdenum market quotation: The latest price of molybdenum concentrate, molybdenum oxide and ferro molybdenum rises slightly this week. Raw materials of molybdenum continue to remain tight supply while the demand in the downstream market shows no good signs. Meanwhile, steel biddings release favorable news, boosting market confidence. Quotation from manufacturers edges higher and the demand is expected to follow the market closely.

Tungsten products price continued to maintain stability last week, and may stabilize or rise slightly this week.

Rare earth market quotation: Chinese rare earth price remained stable last week with the coming of purchasing and storage.

Molybdenum market quotation: the latest price of molybdenum concentrate, ammonium tetramolybdate, and ferro molybdenum prices is unchanged from the previous trading day.

Supercapacitor is a new type of energy storage device with performance between physical capacitor and secondary battery.

Analysis of latest tungsten market in China from Chinatungsten Online: It was reported yesterday that downstream enquiry increased. Affected by that, traders keep strong mentality, and expectation for the shortage of raw materials also turns optimistic. 

Rare earth market quotation: There has no good news showing in the rare earth market in China, supply and demand refuses to budge and businesses mainly wait and see. Quotation of praseodymium neodymium metal declines slightly, meaning weak rebound momentum. Increased export data in October shows the stable industry on the whole. 

Molybdenum market quotation: The latest price of molybdenum concentrate, ammonium tetramolybdate maintains stability while ferro molybdenum price edges up slightly. Recently, higher volume and price in steel biddings have boosted market mentality. Supply in tungsten concentrate market is tight and inquiry in the downstream market is increasing, so quotation of sellers shows signs of stabilization. In the chemical and alloy market, enterprises mainly follow the market waiting for the latest movements of market due to the relatively weak demand.

Rare earth market quotation: Chinese rare earth price seems a little recovery and the mentality of traders tends to be stable. Xiamen Tungsten and Northern Rare Earth singed the strategic cooperative frame agreement, including supply assurance of rare earth products, hydrogen storage materials industry, the production of Pr-Nd metal and others.