It has been one month since I started my internship in Chinatungsten Online, Xiamen. It is a great pleasure to gain this experience during my last summer holiday. I started my one-month internship in Chinatungsten Online from July 5th until August 10th.

Rare earth market quotation in China: the latest price of praseodymium oxide, lanthanum oxide and praseodymium neodymium metal maintains stability in Chinese market. The environmental checks and firm offer levels of factories make market inventories reduce and thus sellers have willing to raise product prices. But considering purchasers’ low willingness in stocking up, market trading is still thin. 

Analysis of latest tungsten market from ChinaTungsten Online

Xiamen Tungsten’s tungsten forecast prices for ammonium metatungstate (APT) was $274.70 per mtu, down $5.2 per mtu compared with August. The decline further weakened market confidence and businesses were more cautious on adjusting offer levels. 

Mines in Chinese major molybdenum production areas have been resumed works and traders come back to European market recently. Affected by that, prices of molybdenum powder and molybdenum concentrate remain unchanged while molybdenum bar price edges higher.