Lower APT Guide Prices Further Weakened Market Confidence

Analysis of latest tungsten market from ChinaTungsten Online

Usual quiet trading activity in tungsten market has pressured down prices in China so far this week, with the prospect of further falls if continuing imbalanced supply and demand. Xiamen Tungsten released its new guide prices for APT on Monday, lowering by $3.5/mtu to $305.4/mtu.

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Europium Oxide Price - Jul. 17, 2018

Rare earth market quotation in China: the latest price of europium oxide, praseodymium oxide and praseodymium neodymium metal is unchanged from the previous trading day under the weak demand. Considering quiet atmosphere in supply and policy sides and, buyers and sellers are in a stalemate, market trading is thin. Taken together, Chinese rare earth price will be stable in the short term.

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Chinese Molybdenum Prices - Jul. 17, 2018

Chinese molybdenum prices show good momentum earlier this week, affected by reducing spot goods due to stop production to undergo repair in molybdenum mines. At present, sellers have strong rised mentality and raise offer levels, although transaction prices are pressed by the demand side.

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Weakness in Demand Lowers Tungsten Transaction Prices

Analysis of latest tungsten market from ChinaTungsten Online

Chinese tungsten prices continue to be unchanged on deadlocked supply and demand, uncertain fundamental and macroscopic sides. Unusually quiet trading activity in tungsten market appears to press prices down. At present, weakness in terminal demand affects the market greatly, further lowering transaction prices. In the short term, tungsten price changes slightly.

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Rare Earth Price - Jul. 16, 2018

Rare earth market quotation in China: domestic rare earth price maintains stability earlier in this week. Although sellers have strong rised mentality, market prices are hard to rise in the short term without supports from the supply and policy side. At present, the off season and Sino-US trade friction make traders deadlocked in trading.

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Chinese Molybdenum Price - Jul. 16, 2018

Opening this week, Chinese molybdenum price is unchanged from last week owing to increasing stop production in mines in major molybdenum production areas. 

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Weak Consumption for Tungsten Primary Products in China

Analysis of latest tungsten market from ChinaTungsten Online

Trading in the raw material market continues to be thin and thus consumption for tungsten primary products is weak. Before the release of guide prices from large tungsten enterprises and institutions, businesses are generally negative about the outlook. 

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Chinese Rare Earth Price - Jul. 06, 2018

Chinese rare earth price remains weak adjustment this week because rigid demand fails to meet market expectation and sellers do not benefit from purchasing and storage policy. 

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Molybdenum Price in China - Jul. 06, 2018

Molybdenum price in China is unchanged from the previous trading day as trading activity remains quiet in the market. Although operating rate increases, enterprises’ consumption for molybdenum raw materials is low. With the stabilization of international molybdenum prices, Chinese insiders hold different views on the outlook. In the short term, molybdenum price will still be stable.

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Lower Guide Prices Dragged Down Chinese Tungsten Prices

Analysis of latest tungsten market from Chinatungsten Online

Xiamen Tungsten, a Chinese tungsten enterprise, released its first guide prices in July. APT was quoted at $304.2/mtu, a $3.5/mtu lower compared with last time.

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Rare Earth Price in China - Jul. 05, 2018

Rare earth price in China maintains stability on whole while enterprises lower offer levels to move materials in some regions. With production capacity recovering gradually, pressure for supply side comes again, plus limited consumption in the off season, the whole trading is thin. In the short term, rare earth price is likely to be adjusted in a narrow range. 

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Chinese Molybdenum Price - Jul. 05, 2018

Chinese molybdenum price maintains stability and market trading increases after price levels moving lower. Traders now pursue stability, but the continuous imbalanced between supply and demand differs mentality of buyers and sellers. 

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Chemists Developed a New Superhard Material - Tungsten Boride

Chemists from Russia and China have developed a new superhard material for use in drilling, machine building and other fields. The new tungsten boride they discovered outperforms the widely used 'pobedit' - a hard tungsten carbide and cobalt composite material with artificial diamond interspersing. The results of their research were reported in the renowned scientific journal, The Journal of Physical Chemistry Letters.

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Chinese Tungsten Price Stabilizes with Supply

Analysis of latest tungsten market from Chinatungsten Online: Smelting factories in major tungsten production areas restart production gradually, which presses market mentality. Traders raise risk consciousness in off season and compete with others to move materials. As a result, transaction prices are lowered. 

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Cerium Oxide Price - Jul. 04, 2018

Rare earth market quotation in China: the latest price of praseodymium neodymium metal and praseodymium neodymium oxide declines slightly from last trading day while cerium oxide price remains unchanged. The weakness in Chinese rare earth prices comes to low buying interest of downstream purchasers and imbalanced supply and demand.

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Ferro Molybdenum Price - Jul. 04, 2018

The latest price of ferro molybdenum, molybdenum concentrates and molybdenum oxide edges lower compared with last trading day on quiet trading activity. 

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APT Smelting Factories Resume Work Gradually in Earlier July

Analysis of latest tungsten market from Chinatungsten Online: Chinese environmental protection checks finished when July comes, and APT smelting factories in major tungsten production areas resume work gradually earlier this week.

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Chinese Rare Earth Prices - Jul. 03, 2018

Rare earth market quotation in China: the latest prices of praseodymium oxide, neodymium oxide and praseodymium neodymium metal move lower compared with last trading day.

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Molybdenum Powder Price - Jul. 03, 2018

The latest price of molybdenum concentrate and ammonium molybdate falls slightly while molybdenum powder remains unchanged compared with last week.

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Chinese Tungsten Market Moved Lower as Buying Remained Slow in June

Analysis of latest Chinese tungsten market from Chinatungsten Online: Tungsten prices maintained stability and market was caught in heavy wait-and-see atmosphere in June. Earlier in last month, a large number of smelting factories in major tungsten production areas shut down for environmental checks and sellers have strong rised mentality on the reducing production.

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