Analysis of latest tungsten market from Chinatungsten Online

The tungsten powder and ferro tungsten prices in China tend to stabilize due to wait-and-see atmosphere in the market. Upstream traders' profit-taking mentality are raised, so the supply in the spot market has been increased recently. In the meantime, insiders worry the increased supply may affect product prices and thus sellers become cautious. 

Molybdenum market quotation in China: the latest molybdenum concentrate and ferro molybdenum prices decline slightly while molybdenum oxide price is unchanged from the previous trading day. Affected by the drop of international molybdenum prices, domestic market is full of low atmosphere. 

Rare earth market quotation in China: the latest prices of praseodymium oxide, lanthanum oxide and praseodymium neodymium oxide continue to be in the downward trend because the trading atmosphere is not good, and the completion of the order is lower than expected. 

Analysis of latest tungsten market from Chinatungsten Online

China tungsten prices are in a relatively high level in the week began on Monday August 14, 2019. Since mid-September, the end of Fanya APT stocks, firm guide prices for this month and speculators entering the market have been raised the market's strong rised mentality. The current spot prices of tungsten have basically reached the expected level of the industry. But high-price transactions are hardly to be concluded.