Analysis of latest tungsten market from Chinatungsten Online: Affected by the environmental protection policy, sodium tungstate price has been in an upward trend recently. Enterprises in Jiangsu province, China stop production and will not resume work in the short term. The tight supply would continue to push spot price higher. 96% sodium tungstate price stands at $20.645-20,968/t at present.  

Chinese rare earth price is in an upward trend as a result of the environmental protection inspection reducing production. Contradiction between supply and demand tends to ease. And the rise in listing prices of Southern Rare Earth earlier this week boosts market confidence. But psychological agreed prices between buyers and sellers are different, so the current market quotation stabilizes. 

Analysis of latest tungsten market from Chinatungsten Online: Chinese tungsten price continues be deadlocked this week amid the price of tungsten oxide, tungsten powder and tungsten bar has been remained unchanged recently. 

Chinese molybdenum price is in a downward trend at present amid the latest price of molybdenum concentrate and sodium molybdate falls slightly and molybdenum powder price is unchanged from the previous trading day. Weak market demand, poor performance of steel biddings and weakening support from raw material side are the main reasons.