The latest price of tungsten concentrate, ammonium paratungstate and tungsten powder continues to be strong. Tight supply, positive guide price of large enterprise and a better demand provide the market with rising kinetic energy, leading shippers actively offer quotation.

Opening this week, tungsten market in China remains firm. Demand has not recovered, and some traders are still cautious. Supported by supply crunches and positive guidance of large tungsten enterprises, traders are bullish on the market. Tungsten price in China increased substantially.

Recently, growth of rare earth price in China is limited, and the trend of price callback of dysprosium series is obvious. The day before, Association of China Rare Earth Industry recommended National Development and Reform Commission and National Reserve Bureau to postpone the purchase and release some rare earth reserves.

Rare earth quotation in China is a little confusing. Willingness of supporting the price gets eased slightly. Rare earth price is still easy to rise and difficult to fall.