China’s domestic rare earth market as a whole maintains an upward momentum with terbium oxide and dysprosium oxide prices continue to increase on July 22, 2021. Affected by the imbalance between supply and demand, the seller's market has a greater advantage, which is mainly reflected in the rising prices of praseodymium and dysprosium terbium products. 

Analysis of latest tungsten market from Chinatungsten Online

The ammonium paratungstate (APT) and tungsten powder prices in China continue to keep firm affected by the rise in new bid prices from listed companies for the second half of July. The market confidence also was shored up by that. 

Molybdenum market quotation in China: ammonium molybdate, sodium molybdate and molybdenum powder prices are unchanged from the previous trading day on July 22, 2021 due to relatively quiet trading activity. However, supported by the limited spot inventory, many industry insiders still have great expectations for the market outlook.

The overall rare earth market in China remains strong on July 22, 2021. Under the influence of tight supply of some products and the high enthusiasm of downstream users for inquiries, suppliers are generally more optimistic, and the quotations continue to increase.