Analysis of latest tungsten market from Chinatungsten Online

A listed tungsten company released its new offer levels for the first half of March: wolframite concentrate (WO3≥55%) was quoted at $15,076.9/t; up $76.9/t from last month; scheelite concentrate (WO3≥55%) was quoted at $14,923.1/t, up $76.9/t; ammonium paratungstate (APT) was quoted at $267.7/mtu; unchanged. 

China molybdenum prices were unchanged in the week ended on Friday March 15. Molybdenum concentrate price kept at a relatively high level due to production of mines was under controlled by environmental protection and Two Sessions. The market trading was more active than other markets. 

Rare earth market quotation in China: dysprosium oxide price rose slightly while lanthanum oxide and terbium oxide prices remained unchanged. Pressed by deadlocked supply and demand, praseodymium and neodymium product prices tended to decline while terbium and dysprosium product prices were boosted by tightening availability of imported ores and raised listed prices of large companies. As the whole market has good expects for Chinese environmental protection, but considering the weak demand, rare earth prices may continue to stabilize. 

Analysis of latest tungsten market from Chinatungsten Online

China tungsten prices remain stable due to heavy wait-and-see atmosphere in the market. On the one hand, the supply of raw materials is tight but is expected to increase after the end of Two Sessions; on the other hand, with the consumption of stocks in factories, the demand may increase.