How to Confront with Rare Earth and Tungsten in G20?

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In the new G20 summit, rare earth and tungsten will become important bargaining chips for China. On June 17th of Beijing time, Wei Meng, the spokesperson from National Development and Reform Commission of the People’s Republic of China said that “Rare earth and tungsten will become a powerful counter-measure of Sino-US trade friction.”

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The Downtrend in Chinese Tungsten Concentrate Prices Continued in June

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Analysis of latest tungsten market from Chinatungsten Online

The downtrend in Chinese tungsten concentrate prices continued, with suppliers cutting offers amid weak demand after APT refiners in China temporarily halted production. APT export prices also declined in line with the continuous weakening of domestic prices and slow buying activity abroad.

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China Terbium Oxide Prices - June 26, 2019

lanthanum oxide image

Rare earth market quotation in China: prices of terbium oxide, neodymium oxide and praseodymium neodymium oxide pull back after previous highs in early June. With the declined influence of the policy side, the contradictions in the market fundamentals have re-emphasized. In addition, the recent enthusiasm for purchasing has weakened, so most companies are cautious, waiting for further directions. 

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China Ammonium Heptamolvbdate Prices - June 26, 2019

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Molybdenum market quotation in China: the latest prices of sodium molybdate, ammonium heptamolvbdate and molybdenum powder are unchanged from the previous trading day. Supported by firm molybdenum concentrate market, sellers were reluctant to reduce product prices despite of pressure of weak demand. The new offers for molybdenum concentrate from Heilongjiang large molybdenum mine stood at RMB 1,840-1,870/mtu, which boosted the whole market. 

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Tungsten Armor-piercing Ammunition Developed in Vietnam

tungsten armor-piercing ammunition image

Tungsten armor-piercing ammunition has been developed successfully in Vietnam according to the report from the Vietnam Army Defense Channel on May 17th. After a series of live test, US M548 crawler-type chassis are modified to 37mm, 76mm, 85mm and 105mm self-propelled guns respectively in the rifle ground of the 9th Military Region in Anjiang Province, western Vietnam.

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Tungsten Exports and Copper Imports are Changing in China - Focusing on the Long-term Sino-US Opposition

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Tungsten exports and copper imports market changes will reflect the world economic situation in advance. They are both high-profiled issue and become very important factors to this long-term Sino-US opposition. 

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The First Discovery of Rare Earth Ore in Panzhihua

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Rare earth ore has been discovered in Vanadium-Titanium magnetite area in Hongge Panzhihua city. Through the 1:50,000 mineral geological survey, the Permian (262.4~258.9Ma) igneous carbonate-fluorocarbon strontium mineralized alkaline complex was first discovered.

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Chinese Tungsten Prices Stabilized on Weak Market Confidence

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Analysis of latest tungsten market from Chinatungsten Online

Opening this week, Chinese tungsten prices remained unchanged from last week. The downward trend in the first half of this year has caused market confidence to be frustrated. The downturn in the back-end manufacturing industry and the shrinking orders of downstream enterprises also made traders show dark predictions about the late market. Smelting factories slowed down activities of purchase and sales, facing pressure of price inversion.

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Rare Earth Price - June 25, 2019

europium oxide image

Rare earth market quotation in China: domestic rare earth price showed signs of drop with the declined influence of relevant policies for rare earth industry regulation. In the first half of this month, although sharp prices of rare earth concept kept strong, the spot market has begun to face pressure of imbalanced market supply and demand. Under the traditional off season and high prices of rare earth elements, the back-end consumer orders have decreased. 

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Chinese Molybdenum Prices - June 25, 2019

ammonium molybdate image

Chinese molybdenum prices were in a stalemate when most market participants paid more attention to offer levels of major mine enterprises and steel tenders for ferro molybdenum. Due to the persistent weakness in the demand side, manufacturers are not optimistic about the outlook but the tightening availability of raw materials and high production costs still support the market. In the short term, the market would stabilize. 

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Tungsten May Relay Rare Earth as Next Strategic Resource Concept Stock

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Tungsten as well as other rare metals may relay rare earth to be the future strategic resource concept stock based on the recent market performance. Recent rise of rare earth leading stocks is staggering. Jinli permanent magnets (62.300, 2.50, 4.18%) have seen the largest increase of more than 3 times since the end of the period at 18.44 yuan on 8th May; 

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Tungsten Mining Introduces IMS Microseismic Ground Pressure Monitoring System

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Recently, Jiangxi Daishan Tungsten Industry brings in IMS microseismic ground pressure monitoring system for its tungsten mining, it is cooperated with Shanghai Pengxu Information Technology Co., Ltd. 

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What Makes US Worry in Sino-US Trade War? - Rare Earth - 2/2

China rare earth dominance image

As a strategic resource in the Sino-US trade war, rare earth has attracted special attention around the world. China's goal is to maintain the green and sustainable development of rare earth industry.

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What Makes US Worry in Sino-US Trade War? - Rare Earth - 1/2

rare earth elements image

Of rare earth resources, China has an absolute advantage, will this be a breakthrough for China to the United States in the Sino-US trade war from the frontline investigation? So, what is rare earth and how important are rare earths? Why it is hard for the United States to catch up with us.

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China Tungsten Prices Continued to Decline in Late June

tungsten powder image

Analysis of latest tungsten market from Chinatungsten Online

China tungsten prices continued to decline in the week ended on Friday June 21, 2019 as insiders, affected by the mood of panic, were hard to judge when the market will to bottom out. The whole spot market remained low trading activity and transaction prices showed signs of decline.

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Europium Oxide Price - June 24, 2019

praseodymium neodymium oxide image

Rare earth market quotation in China: the latest prices of neodymium oxide and praseodymium neodymium oxide climbed slightly while europium oxide price stabilized in early week. Recently, the market has tended to return to rationality, and the divergence of traders' expectations for the market outlook is mainly reflected in the light rare earths.

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Chinese Molybdenum Prices - June 24, 2019

molybdenum powder image

Opening this week, Chinese molybdenum prices remained unchanged from last week on continued imbalanced supply and demand and low trading activity in the whole market. In the molybdenum concentrate market, under stricter environmental protection inspection, the supply was tight while the demand side was weak. So most traders still waited for the next moves in the major production areas. 

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China Tungsten Prices Failed to Bottom up on a Lack of New Orders

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Analysis of latest tungsten market from Chinatungsten Online

After China’s spot tungsten concentrate price fell below a level widely considered to be the break-even point for most producers in the country, many in the market has expected the price to bottom up.

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Terbium Oxide Prices - June 21, 2019

lanthanum oxide image

Rare earth market quotation in China: the latest prices of terbium oxide, praseodymium oxide and neodymium oxide edged lowered on Friday June 21, 2019. Rare earth prices started to decline after a sharp rise in early June because the hype atmosphere brought by the macro-trade environment was lightened, and the industry returned to focus on the supply and demand of the spot market. 

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Ammonium Molybdate Price - June 21, 2019

ammonium molybdate image

Molybdenum market quotation in China: the latest prices of ammonium molybdate, molybdenum powder and molybdenum oxide remained unchanged in the week ended on Friday June 21, 2019 as the softened raw material market and low activity in steel biddings made insiders uncertain for the late market trend. 

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