Analysis of latest tungsten market from Chinatungsten Online: Affected by the stricter environmental protection inspections, many manufacturers in China’s major tungsten production regions stop production to undergo repair and thus market supply of tungsten related products are short. While the demand side does not follow up closely, it is hard for both purchase and selling. Smelting factories have not yet decided when they will start production.

Chinese molybdenum price remains weak adjustment this week as prices in the new round of steel biddings show no signs of rise, which greatly influences the mentality of manufacturers. 

Rare earth market quotation in China: domestic rare earth price still remains unchanged from the previous trading day amid the price of praseodymium neodymium related products rises slightly. At present, trades mainly hold wait-and-see mentality for the afternoon market. 

Analysis of latest tungsten market from Chinatungsten Online: The forecast average prices for the second half of May were released by large tungsten enterprises on Tuesday, which basically meets the expectations of businesses. The rise or decline is gentle for tungsten market, showing large enterprises’ conservative attitudes on market expectations.