Analysis of latest tungsten market in China from Chinatungsten Online: Chinese tungsten price remains tight balance on whole after a period of decline in the middle of January. Affected by the environmental protection policy and tight supply of mines, the operating rate of smelting factories is low and supply and demand is in a stalemate. With the approaching of Chinese Spring Chinese, buyers become active in stocking up, which is expected to send price rise.

International molybdenum price continues to climb due to the strong demand, enhancing market price in China. The price in China is also rising in a moderate way, including ammonium heptamolvbdate, sodium molybdate and ferro molybdenum. 

Rare earth market quotation: the latest price of rare earth price in China remains stability as the supply and demand is in a stalemate. Sellers have good expectations for the purchasing and storage of State Reserve Bureau and the environmental protection policy after the Chinese holiday. ganzhou province is taking effective efforts to recover and manage the abandoned rare earth mines left over from history in order to fully carry on the Central Environmental Inspectorate Group’s correction works in environmental protection.

Analysis of latest tungsten market in China from Chinatungsten Online: Opening this week, tungsten market in China is in a tepid atmosphere. And with the release of basically unchanged guide prices from large tungsten enterprises, the market now maintains stability. Near the Chinese Spring Festival, the pace of trading slows down and the whole market is dealing with the orders at hand.