On July 4th, the Institute of Plasma Physics in CIA announced that, the first time in the world, the national scientific device – fully superconducting fusion device Oriental hyper ring (EAST) achieved the model of 101.2 seconds steady-state long pulse high confinement plasma operation, establishing an important foundation for human development and utilization of nuclear fusion energy.

Yesterday, a Fujian tungsten enterprise listed the second price for long term order in this month. The price is RMB 125,000/ton, increasing RMB 500/ton compared with the former, but still it is slightly lower RMB 2,000/ton than the market.

Last week, under the influence of predicted average price that Ganzhou Tungsten Association offered and large tungsten enterprises’ first round of guided prices, domestic tungsten market kept the rational operation.

Prices of praseodymium neodymium rare earth products continued to be strong, dysprosium oxide price has a slight adjustment as well, and other varieties of rare earth mainly maintained stability. 

The domestic rare earth market is generally stable, and the prices of praseodymium neodymium rare earth products continue to go upward.

Standard tungsten ore price is RMB 83,000 – 84,000/ton, increasing RMB 2,000/ton compared to last Monday. The mainstream APT offers RMB 126,000-128,000/ton, and compared with last Monday it raised RMB 2,000/ton.

Today’s tungsten concentrate Market: the latest prices of tungsten ore, ammonium paratungstate, and tungsten powder maintain stability. 

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