Analysis of latest tungsten market in China from Chinatungsten Online: With the coming out of guidance price from Ganzhou Tungsten Industry Association and Zhangyuan Tungsten, tungsten market enters a wait-and-see atmosphere. 

Molybdenum market in China today: The price of molybdenum concentrate, ammonium tetramolybdate and sodium molybdate registers a stable performance. Molybdenum concentrate shortages continue, low-cost raw materials are rare, biddings in steel mills slightly increase and downstream chemical and alloy market is still at a stalemate. Overall, the actual turnover in the molybdenum market is relatively weak. Business mentality shows some optimism on the market owing to good expectations on the demand after entering September, thus molybdenum price may be stable with good momentum in the afternoon market.

Price of molybdenum products on Sep, 5, 2017

Picture of sodium molybdate

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Rare earth market in China today: Domestic rare earth market returned to calm last week. Weak adjustment of some varieties of rare earth short-term was regarded as reasonable operation, which helps afternoon-market drivers’ following up.

Analysis of latest tungsten market in China from Chinatungsten Online: Tungsten price has risen more than a month. In the process of rising, market parties maintain different attitudes.