Tungsten market in China is flat. Excepting that a Fujian tungsten enterprise listed a slightly modified price for long term order, the overall upstream and downstream enterprises of industry chain were at a stalemate. Without positive guidance, prices mainly continued a consolidation pattern.

Yesterday, the stable operation of domestic tungsten market sustained. Under the influence of fundamental plane, merchants with goods mainly insist on a conservative selling way and purchasers are cautious when purchasing.

This week, the domestic rare earth prices overall sustained steady growth. Particularly, rare earth varieties represented by praseodymium and neodymium, continued to rise. 

The prices of domestic rare earth are relatively stable. Under the influence of tight rare earth supply and steady growth of downstream demand, the bottom prices rebound in the first half of this year according to industry data.