Analysis of latest tungsten market from Chinatungsten Online

The tungsten powder and ammonium metatungstate (APT) prices in China continue to keep strong and are expected to rise this week affected by the optimistic expectations of the macro and the cost-driven market sentiment. 

Analysis of latest tungsten market from Chinatungsten Online

China tungsten price continued to be in the upward trend in the week ended on Friday, July 23, 2021 affected by the rise in new bid prices for the second half of this month, cemented carbide companies’ second price increases within a month and a boost in exports. 

Rare earth market quotation in China: europium oxide, lanthanum oxide and cerium oxide prices remain unchanged at the beginning of the week on July 26, 2021. 

At the beginning of the week, China’s domestic molybdenum market as a whole continued the stable trend of last week. Affected by the low enthusiasm of steel companies for bidding and the tepid international molybdenum market, traders were hesitant to enter the market, resulting in low spot liquidity on the market. 

Analysis of latest tungsten market from Chinatungsten Online

China’s domestic tungsten price remains strong as a whole in late July. With the increase in cost of epidemic prevention, environmental protection, manpower, etc., and declined ore grades resulting in more difficulty of mining, manufacturers become more reluctant to sell their products. 

China rare earth market showed a mixed pattern in the week ended on Friday, July 23, 2021. At the beginning of the week, supported by favorable policies and supply, the prices of mainstream light and heavy rare earth products were adjusted upwards. However, the prices of some products rebounded towards the weekend. This was mainly because Insufficient follow-up of downstream demand.

China molybdenum market maintained stable operation as a whole in the week ended on Friday, July 23, 2021. With the continued weakening of positive factors, the cautious attitude of buyers and sellers has increased compared with last week, resulting in limited transactions.

Analysis of latest tungsten market from Chinatungsten Online

The tungsten powder and ferro tungsten prices in China continue to keep firm affected by tight supply of raw materials despite of relative quite demand. Enterprises of the whole industry chain have to raise their offers one after another with the increase of production cost.  

China’s domestic rare earth market as a whole maintains an upward momentum with terbium oxide and dysprosium oxide prices continue to increase on July 22, 2021. Affected by the imbalance between supply and demand, the seller's market has a greater advantage, which is mainly reflected in the rising prices of praseodymium and dysprosium terbium products. 

Molybdenum market quotation in China: ammonium molybdate, sodium molybdate and molybdenum powder prices are unchanged from the previous trading day on July 22, 2021 due to relatively quiet trading activity. However, supported by the limited spot inventory, many industry insiders still have great expectations for the market outlook.

Analysis of latest tungsten market from Chinatungsten Online

The ammonium paratungstate (APT) and tungsten powder prices in China continue to keep firm affected by the rise in new bid prices from listed companies for the second half of July. The market confidence also was shored up by that. 

The overall rare earth market in China remains strong on July 22, 2021. Under the influence of tight supply of some products and the high enthusiasm of downstream users for inquiries, suppliers are generally more optimistic, and the quotations continue to increase. 

China molybdenum market remains stable on the whole on July 22, 2021. In the case of limited positive support, traders' cautious sentiment has increased, which is mainly reflected in the weak rise in the price of molybdenum chemical products, the decline is also difficult, and the transaction volume is small.

Analysis of latest tungsten market from Chinatungsten Online

China’s domestic tungsten price continues to remain strong in the week began on Monday, July 19, 2021 under tightening availability of raw materials. Can tungsten ore price reach $19,047.6/t in the middle of August?

Analysis of latest tungsten market from Chinatungsten Online

The China tungsten market continued to remain strong in the week ended on Friday, July 16, 2021, with offer prices increasing steadily on reduced spot availability and high cost. 

Rare earth market quotation in China: terbium oxide, dysprosium oxide and praseodymium neodymium oxide prices continue to rise at the beginning of the week. Under the influence of many uncertain factors, traders have different views on the light and heavy rare earth market. 

Molybdenum market quotation in China: ferro molybdenum, molybdenum concentrate and molybdenum powder prices remain stable at the beginning of this week. The enthusiasm of steel companies to take goods and the bidding price were considerable, which were the main reasons for the good mentality of molybdenum enterprises. 

Analysis of latest tungsten market from Chinatungsten Online

China’s domestic tungsten price continues to be on an upward trajectory on July 15, 2021 affected by relatively tight supply and good market confidence. 

China’s domestic rare earth price mixed in the week ended on Friday July 16, 2021. Due to limited raw material production, slight increase in demand, and continuous emergence of favorable policy news, traders are more enthusiastic about entering the market than last week. However, due to insufficient support from bullish factors, transactions are hardly to be concluded. 

China’s domestic molybdenum market has maintained a stable and positive operation in the week ended on Friday, July 16, 2021. Affected by tight supply and increased demand, the seller's market has a greater advantage, which has prompted a slight increase in the price of molybdenum products.