Analysis of latest tungsten market from Chinatungsten Online

China’s domestic tungsten concentrate and ammonium metatungstate (APT) prices are on a similar upward trajectory in recent days with the support of tight supply of raw materials due to environmental protection checks in major tungsten producing areas. 

China rare earth market as a whole showed a stable and weak trend, although the production and sales of domestic new energy vehicles in March increased by 2.5 times and 2.4 times year-on-year. 

China molybdenum price remained stable in the week ended on Friday, April 16, 2021 in the context of the decline in the activity of steel tenders and weak overseas molybdenum market. in addition, orders have fallen short of expectations.

Analysis of latest tungsten market from Chinatungsten Online

China’s domestic tungsten concentrate and ammonium paratungstate (APT) markets strengthened following news of the environmental inspections in the middle of April. 

Rare earth market quotation in China: praseodymium oxide price rises slightly to 540,000 yuan/ton, neodymium oxide price drops to 85,000 yuan/ton and praseodymium and neodymium oxide price drops to 575,000 yuan/ton on April 15, 2021. 

China’s domestic ferro molybdenum and molybdenum powder prices are unchanged from the previous trading day when the whole market trading is not active and deals are limited. 

Analysis of latest tungsten market from Chinatungsten Online

The ammonium metatungstate (APT) and tungsten powder prices in China remain stable boosted by the rise in new reference prices for early April and strong rised mentality of raw materials. 

Rare earth market quotation in China: terbium oxide and neodymium oxide prices decline slightly while praseodymium oxide price climbs under many instabilities in the market. 

Molybdenum market quotation in China: ferro molybdenum, molybdenum concentrate and oxide prices increased slightly despite trading activity in the steel tenders and international molybdenum market declined. At present, insiders mainly pay attention to steel tenders and shipment of concentrate before the holiday of Labour Day. 

Analysis of latest tungsten market from Chinatungsten Online

China tungsten price remains stable early in this week as the market is caught in wait-and-see atmosphere. On the one hand, recent environmental checks have greatly affected the production and cost of raw materials; on the other hand, consumption seems not recovered when the export market remains uncertain. 

Analysis of latest tungsten market from Chinatungsten Online

China tungsten price rose slightly in the week ended on Friday April 9, 2021 affected by increased average tungsten forecast prices from association and offers from listed company. Downstream buyers remained low buying appetite and transactions concluded limitedly. 

Rare earth market quotation in China: praseodymium oxide and neodymium oxide prices edge higher on April 12, 2021 due to quiet market trading. 

Molybdenum market quotation in China: molybdenum concentrate and molybdenum oxide prices increase while molybdenum powder price remains unchanged on April 12, 2021. 

Analysis of latest tungsten market from Chinatungsten Online

The ammonium paratungstate (APT) and tungsten powder prices edged higher on April 8, 2021 boosted by the rise in new offers for the first half of this month. But due to a lukewarm demand, market trading seems quiet. 

China rare earth prices were mixed in the week began on Monday April 5, 2021 under the intertwining of positive and negative factors. In addition, market transactions were hardly concluded. 

China molybdenum price mainly remained stable in the week ended on Friday April 9, 2021 supported by active steel tenders and international moly price shifting from decline to stabilize. 

Analysis of latest tungsten market from Chinatungsten Online

The new guide prices for April were released by China’s Ganzhou Tungsten Association (GTA) and listed tungsten companies, which were mixed with slight adjustment. Most participants are cautious and market price is expected to rise slightly in the short term.

China rare earth price is mixed in early April, 2021 due to limited support from emerging industries and the limited support of favorable policies. magnetic materials companies have slowed down their purchasing and suppliers are hard to raised offers. 

Molybdenum market quotation in China: sodium molybdate, ammonium molybdate and ferro molybdenum prices remain stable on April 8, 2021. After the holiday of Tomb-Sweeping Day, market trading seems active and some deals are concluded. 

Analysis of latest tungsten market from Chinatungsten Online

China’s ammonium paratungstate (APT) and tungsten powder prices were unchanged in the first trading day after the holiday of Tomb-Sweeping Day, with deals concluded at the high end.