China rare earth price is unchanged from the previous trading on Friday January 25. Sellers are hard to raise their offer levels because some enterprises have finished plans of replenishment ahead of time. While purchasers also could not force prices down under environmental protection and more mines stopping production at the end of the year. Considering the deadlocked supply and demand, rare earth price tends to stabilize. 

The Asia-Pacific region accounted for the largest market revenue share of 46.56% in 2017. The growth of tungsten carbide button market in the region can be attributed to a well-established industrial base. This region is growing fast to become the epicenter of tungsten carbide materials, making the region an inevitable player in the supply as well as on the consumer side. With governmental organizations putting in relentless efforts to make a mark with tungsten carbide, new companies along with well-established names are setting their centers in this region due to favorable policies. In 2017, China accounted for a market revenue share of 27.64% globally.

China molybdenum prices started to rebound in the week began on Monday January 21 boosted by raised international molybdenum prices, annual shut downs of factories and increased prices and quantity of steel tenders. 

Analysis of latest tungsten market from Chinatungsten Online

Chinese tungsten prices continued to maintain stability on heavy wait-and-see atmosphere and stabilized offer levels of large tungsten enterprises. Miners are reluctant to sell their products at low prices as more and more mines stop work to undergo repair. Some downstream enterprises have finished their plans of replenishments, so market trading is limited at present.