Analysis of latest tungsten market from Chinatungsten Online

The tungsten powder and ferro tungsten prices in China continue to be weak without effective support from the market. Suppliers make their quotations mainly based on the new guide price from tungsten associations, but purchasers remain rigid demand.

The iPhone 12 is the first smartphone with 100 percent recycled rare earth elements in all magnets and 100 percent recycled tungsten in the Taptic Engine. The energy is 53% less consumed than the U.S. Department of Energy requirements. Apple Inc. is committed to transitioning its entire manufacturing supply chain to 100 percent renewable electricity by 2030.

Apple has released 5G iPhones. Apple considers reducing the use of rare earths in peripheral equipment, supporting millimeter-wave frequency bands and bright applications of LiDAR technology. The iPhone 12 and iPhone 12 mini are Apple's mainstream flagship iPhones for 2020. The phones come in 6.1-inch and 5.4-inch sizes with identical features, including support for faster 5G cellular networks, OLED displays, improved cameras, and Apple's latest A14 chip, all in a completely refreshed design.

Sm(Fe_0.8Co_0.2)₁₂ with a lean rare earth content exhibits superb magnetism. According to the report, the National Institute for Materials Science (NIMS) of Japan and Tohoku Gakuin University has developed a boron-doped anisotropic samarium Sm (Fe_0.8Co_0.2)₁₂ film, the thin film containing an only small amount of rare earth elements (REEs).

Researchers from the University of Exeter in the UK and the Australian National University have jointly released a study that may help solve a long-standing puzzle that could help pinpoint new, untapped concentrations of some the most valuable rare earth deposits, according to the website Mining.com.

Analysis of latest tungsten market from Chinatungsten Online

The tungsten price in China shows weak in the week began on Monday October 10, 2020 as a second wave of Covid-19 is affecting markets all over the world. Market participants in China worry about the import and export under the coronavirus. Moreover, the market faces many uncertainties with the approaching of US election. 

Rare earth market quotation in China: DyFe, dysprosium oxide prices drop on October 15, 2020 while lanthanum oxide price maintains stability as most buyers consider profit-taking while buyers remain cautious sentiment. In the short term, the market is expected to stabilize. 

Molybdenum market quotation: molybdenum oxide price rises slightly while prices of sodium molybdate and ammonium heptamolvbdate are unchanged from the previous trading day on increased trading activity of market participants. 

Analysis of latest tungsten market from Chinatungsten Online

The tungsten powder and cesium tungsten bronze prices remain weak adjustment as continued spread of Covid-19, geopolitical risks and US election offer many uncertainties for the market. Most market participant prefer to take a watchful stance at present. 

Analysis of latest tungsten market from Chinatungsten Online

The ammonium metatungstate (APT) and tungsten powder prices in China continue to remain stable as the new average tungsten forecast prices for October are basically keeping in line with current market trend, giving the market temporary guidance.