Analysis of latest tungsten market from Chinatungsten Online

Chinese tungsten price is in a stalemate, affected by interwoven positive and negative factors posed by environmental protection inspections, low selling willingness and weak market demand. At present, the production in smelting factories is the key for the market. Tungsten market will remain low trading activity earlier June.

The supply of molybdenum concentrate is tight and the quantity of steel biddings at the end of May increases, which offers support to the supply side. The rise in international molybdenum price boost market confidence and businesses raise their rised mentality.

Rare earth market quotation in China: the latest price of europium oxide, praseodymium oxide and praseodymium neodymium metal is unchanged from the previous trading day.

Founded in 1892, the US veteran GE GE (Ge Corp) is now in a predicament of poor performance and falling share prices. General Electric chairman and CEO Flannery announced on November 13th local time that it would reorganize and sell more non main business through transfer of assets, layoffs and withdrawal from most non main business. If no accident, General Electric was the first to sell its most landmark lighting business in 125 years. "Tungsten" closely intertwined the history of a century whether the company had come to say goodbye.