Analysis of latest tungsten market from Chinatungsten Online

The ferro tungsten and tungsten powder prices in China keep stable early in this week. Although trading in the raw material side seems not increased, raw material manufacturers try to raise product offers. 

Terbium oxide, neodymium oxide and praseodymium neodymium metal prices in China continue to edge higher thanks to active inquiry from downstream. But actual transactions are limited as most product prices are in a relatively high level. 

The ferro molybdenum and molybdenum concentrate prices in China climb slightly under deadlocked supply and demand with the impact of many uncertainties. Upstream sellers are not willing to cut prices while buyers can not accept high products. 

Analysis of latest tungsten market from Chinatungsten Online

China tungsten price was in the upward trend in the week ended on Friday August 7, 2020 but market trading seems quiet. With the increase in new average tungsten forecast prices from listed companies and associations, the market was boosted. 

Rare earth market quotation in China: the prices of terbium oxide, neodymium oxide and praseodymium neodymium oxide continue to rise in the week began on Monday 10, 2020 thanks to active inquiry from the downstream. But most suppliers are reluctant to sell, waiting for the best moment for maximum product profits. 

Molybdenum market quotation in China: the prices of ferro molybdenum, molybdenum concentrate and molybdenum powder maintain stability early in this week owing to deadlocked supply and demand. 

Analysis of latest tungsten market from Chinatungsten Online

The ferro tungsten and tungsten carbide powder prices in China continue to keep firm as new average tungsten forecast prices from associations were raised as expected, which boosts market confidence. 

Rare earth market quotation in China: the neodymium oxide, praseodymium neodymium oxide and praseodymium neodymium metal prices continue to increase in the week ended on Friday August 7, 2020. Downstream buyers are active in taking goods while suppliers have strong rised mentality. 

China molybdenum price is in the upward trend in the week ended on Friday August 7, 2020 but transactions are hardly concluded at high levels. In the short term, insiders will continue to hold optimistic view for the outlook. 

Analysis of latest tungsten market from Chinatungsten Online

The ferro tungsten and tungsten powder prices in the Chinese market maintain stability as the market is in a stalemate. Most market participants take a watchful stance, waiting for new tungsten forecast prices from tungsten associations. 

The terbium oxide, neodymium oxide and praseodymium neodymium oxide prices in China are in the upward trend due to good trading atmosphere and optimistic sentiment of market participants. 

The molybdenum concentrate and molybdenum oxide prices in China climb slightly while molybdenum bar price is unchanged from the previous trading day on August 6, 2020. 

Analysis of latest tungsten market from Chinatungsten Online

The tungsten price in China is in the upward trend thanks to the strong rised mentality in the raw material side but limited transactions concluded. China' Xiamen Tungsten's APT quotation stood at $208.5/mtu, an increase of $4.2/mtu form the second half of July. 

The neodymium oxide, praseodymium neodymium oxide and praseodymium neodymium metal prices in the Chinese market are in the upward trend in early August. Under the influence of many favorable and unfavorable factors, many traders still remain cautious, reasonably controlling the growth rate of inventory, but the actual trading volume is relatively considerable.

The molybdenum oxide, ferro molybdenum and ammonium molybdate prices in the Chinese market continue to maintain stability when downstream buyers seek for lower prices and remain rigid demand. In the short term, prices of molybdenum chemical product are not likely to reduce sharply for most traders are trying to avoid the risks of price inversion. 

Analysis of latest tungsten market from Chinatungsten Online

The ammonium paratungstate (APT) and tungsten carbide powder prices in China rise slightly in the first trading day in August but the demand remains lukewarm. 

Analysis of latest tungsten market from Chinatungsten Online

China tungsten price was in the upward trend in the week ended on Friday July 31, 2020, but affected by the weakness both in the supply and demand sides, transactions were poor at the end of this month. In the short term, market participants will take a watchful for the new guide price for early August from tungsten institutions. 

Rare earth market quotation in China: the neodymium oxide, praseodymium neodymium oxide and praseodymium neodymium metal prices continue to rise in the first trading day in August affected by good trading atmosphere between buyers and sellers. The deals increase but most downstream buyers remain cautious sentiment. 

Molybdenum market quotation in China: the prices of molybdenum oxide, molybdenum powder and ferro molybdenum keep stable in the first trading in August on deadlocked supply and demand and quiet trading activity. 

Analysis of latest tungsten market from Chinatungsten Online

The tungsten market in China remains stable with imbalanced relationship between supply and demand, and low transactions concluded. Tungsten concentrate sellers are reluctant to cut product profits, resulting in the difficulty in purchasing low-price resources. Offers of mainstream products stand at about $12,352.9/t.