Rare earth market quotation in China: domestic rare earth price has been maintained stability since September on the quiet news of policy and fundamentals. Under environmental checks and deadlocked supply and demand, buyers and sellers mainly wait and see. The whole trading atmosphere is thin at present. 

It has been one month since I started my internship in Chinatungsten Online, Xiamen. It is a great pleasure to gain this experience during my last summer holiday. I started my one-month internship in Chinatungsten Online from July 5th until August 10th.

Chinese molybdenum prices are unchanged from the previous trading day. Although mines start to resume work, the supply of raw materials benefits the market and sellers keep firm offers. In the traditional peak season, downstream factories remain low buying interests and steel tenders perform poorly. The weakness in demand weakens market confidence. 

Analysis of latest tungsten market from ChinaTungsten Online

Xiamen Tungsten’s tungsten forecast prices for ammonium metatungstate (APT) was $274.70 per mtu, down $5.2 per mtu compared with August. The decline further weakened market confidence and businesses were more cautious on adjusting offer levels.