Canada Rare Earth Corp. recently established a global trading business for rare earth-centric technical materials, and at the same time announced the appointment of Mr. Elyse Kohyann as the head of global trade.

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. 

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. 

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.