The 19th CPC Congress Report and China’s Tungsten Industry Environmental Protection Action

CPC Congress Photo

Chinatungsten Online experts predict that new mechanism and institution for ecological environmental protection and supervision are going to be set up decided by the 19th Communist Party of China National Congress. According to Xi Jinping’s statements in his report—to prompt the ecological civilization construction and leadership and team building, and to establish regulatory agencies to manage state-owned natural resource assets and monitor natural ecosystems.

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Chinese Molybdenum Prices - Oct. 20, 2017

molybdenum disulfide picture

Molybdenum market quotation: Chinese molybdenum prices have been in a stalemate in recent months. In molybdenum concentrate market, environmental protection policy limits the production in mines as well as reduces the demand in downstream market. Trading volumes keep weak and sellers wait and see. 

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Lanthanum Oxide Price - Oct. 19, 2017

lanthanum oxide picture

Rare earth quotation: Chinese rare earth prices continue to decline amid neodymium oxide and lanthanum oxide price edge lower. In October, Pr-Nd metal listing price of Bao Steel (Group) is RMB 570, 000/tonne, down RMB 95,000/tonne month-to-month. Heavy wait-and-see atmosphere covers the downstream market, oversupply is hard to change in the short term, coupled with no favorable news from the government and an enterprise, the short-term market trend is still not optimistic.

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Mainstream Tungsten Prices Decline on Weak Customer Mentality

tungsten dioxid -picture

Analysis of latest tungsten market in China from Chinatungsten Online: Opening this week, domestic tungsten products price continues downward trend but with slower pace, mainly boosted by production restriction in supply side. Raw material side attempts to support the market while downstream enterprises slow down their procurement schedules. The actual transaction in the market is less and tungsten prices have no enough power to rise.

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Molybdenum Oxide Price - Oct. 19, 2017

molybdenum powder picture

Molybdenum market quotation: The latest price of molybdenum concentrate, molybdenum oxide, and ferro molybdenum declines slightly due to the weak customer sentiment in the market. 

Read more: Molybdenum Oxide Price - Oct. 19, 2017

 

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