Rare earth market quotation in China: erbium oxide price edges higher while other rare earth products such as lanthanum oxide and europium oxide prices keep stable on August 16, 2023 with relative stable trader sentiment and volumes in the market. 

The overall Chinese molybdenum market presents a pattern of consolidation at a high level, which is a normal phenomenon after the price of molybdenum has risen sharply in a short period of time. 

Analysis of latest tungsten market from Chinatungsten Online

China’s ammonium paratungstate (APT) and tungsten powder prices keep firm on August 15, 2023 with the increase in the new guide prices from listed tungsten enterprises for the second half of this month. 

Analysis of latest tungsten market from Chinatungsten Online

China tungsten price was in the upward trend in the week ended on Friday, August 11, 2023 with the support of the raw material market as well as the increase in new guide prices for the first half of this month. 

At the beginning of the week, China’s domestic rare earth market as a whole showed a situation of having price but no market. With the strong support of production costs, the reduction in output of some rare earth manufacturers and the good development of the new energy industry, suppliers generally maintained firm quotations. 

At the beginning of the week, China’s domestic molybdenum market as a whole maintained a high and stable operation. 

Analysis of latest tungsten market from Chinatungsten Online

The tungsten powder and tungsten carbide powder prices in the Chinese market remains stable on August 10, 2023 but raw material manufacturers have strong rised mentality despite the demand side remains sluggish. 

This week, China rare earth price fluctuated and rose, mainly due to the reduction in output of some rare earth manufacturers and the slight increase in the enthusiasm of downstream users for inquiries and purchases, but the overall transaction volume was still small. 

This week, China molybdenum price showed a pattern of first stabilizing and then rising, mainly due to the tighter spot supply in the market, and traders are reluctant to sell and have a strong bullish sentiment. It is worth mentioning that compared with last week, the prices of molybdenum concentrate and molybdenum oxide rose less this week, while the prices of molybdate, molybdenum powder and molybdenum rods rose significantly more.

Analysis of latest tungsten market from Chinatungsten Online

China’s ammonium paratungstate (APT) and tungsten powder prices are unchanged from the previous trading day on August 9, 2023, but raw material suppliers show signs of rising their offers again.