Analysis of latest tungsten market from ChinaTungsten Online

Chinese tungsten prices continued downward trend in September, but start to show stability at the end of this month as market mentality has differentiated.

On the first day after the festival of National Day, Chinese molybdenum market keeps quiet and prices maintain stability. Market participants mainly focus on steel biddings and production in the whole industry chain. Most insiders have good expectation for price trend in this month. But buyers still remain weak interests in entering the market. 

Rare earth market quotation in China: domestic rare earth price continues its stability on quiet trading market. Traders now do not come back to the market completely and market trading seems poor. Downstream factories remain low operating rate, which are not active in purchasing raw materials. Short-term rare earth prices are expected to be in a stalemate. 

On the morning of January 11, 2018, the unveiling ceremony of the Sino-French Joint Fusion Research Center, established by the agreement between the Ministry of Science and Technology and the French Atomic Energy Commission, was held on the Hefei Science Island, marking a new phase in the practical cooperation between China and France in the field of fusion energy, from then on, cooperation between the two scientific research institutions has risen to bilateral cooperation between governments.