Analysis of latest tungsten market from Chinatungsten Online

The tungsten prices in China maintain stability as the market is in the off-season and the flow of Fanya stockpiles also is uncertain. At present, downstream buyers try to force prices down while tungsten ore prices in the raw material market keep firm. With the impact of high cost, capital shortage and low profits of factories, the whole market now is in a stalemate. 

Rare earth market quotation in China: the dysprosium oxide and DyFe prices declined slightly while neodymium oxide and praseodymium neodymium oxide prices edged higher. 

Molybdenum market quotation in China: the latest prices of molybdenum concentrate, molybdenum oxide and molybdenum bar still maintain stability on quiet inquiry and cautious sentiment of traders. The molybdenum concentrate market continues to be caught in imbalanced supply and demand, but most mining enterprises are optimistic. 

Tungsten disulfide optical hologram will be used in smart watches, with the new concept for reconstructing holographic images by using a single two-dimensional material monolayer with the thickness of less than one nanometer newly demonstrated by Missouri University of Science and Technology researchers. Their work may lead to the birth of smart watches with holographic displays, printed security cryptograms on bank notes and credit cards, and new possibilities for data storage.

Researchers from the US Department of Energy have invented a process for extracting rare earths from the e-waste of scrapped magnets of used hard drives and other sources, and are working with colleagues at Oak Ridge National Laboratory, to scale up the method and produce commercial batches of rare earth oxides, according to Mining.com.

Analysis of latest tungsten market from Chinatungsten Online

The tungsten powder and ammonium metatungstate prices in China remained weak adjustment in the week began on Monday August 19, 2019 on the worry of demand, funds, inventories and so on. At present, upstream sellers are reluctant to sell, pressing manufacturers’ profits and production activity. 

Rare earth market quotation in China: rare earth prices are unchanged from the previous trading day on continued deadlocked supply and demand, and different attitudes towards late price trend. 

The molybdenum concentrate and ammonium heptamolvbdate prices in China are unchanged from the previous trading day due to support of high cost but relatively weak demand side. 

Analysis of latest tungsten market from Chinatungsten Online

The China tungsten prices continued to keep stable in the week ended on Friday August 16, 2019 with the impact of environmental checks, high temperature, reduction, overhaul and low operating rate of smelting plants. 

Rare earth market quotation in China: the neodymium oxide, praseodymium neodymium oxide and praseodymium neodymium metal prices climbed slightly on limited transactions and deadlocked supply and demand. At present, the magnetic materials industry is in the off-season. Downstream buyers are weak in taking orders, the actual trading is relatively poor, and the supply of goods in the market is slowly digested.