Analysis of latest tungsten market from Chinatungsten Online

The ferro tungsten and tungsten powder prices in China are weak due to low trading activity in the Golden September and heavy wait-and-see atmosphere in the market. 

Rare earth market quotation in China: neodymium oxide and praseodymium neodymium metal prices continue to decline under the instability of world economy. Some of traders cut prices for more orders while other keep stable offers. The market tends to be weak. 

Analysis of latest tungsten market from Chinatungsten Online

The ferro tungsten and ammonium paratungstate (APT) prices continue to remain stable in the week began on Monday September 21, 2020 due to weak demand and low trading activity. 

Rare earth market quotation in China: the europium oxide, praseodymium oxide and neodymium oxide prices edge lower on September 22, 2020 owing to continued weakness in the demand side and holiday atmosphere. Upstream sellers are will to sell their products and thus adjust offers downward for more orders. 

China molybdenum powder and ferro molybdenum prices are unchanged from the previous trading day under the stable international molybdenum prices and increased trading activity.

The polymetallic tungsten project in the north of Jiangxi province accepts inspection. On September 16, the Jiangxi Provincial Department of Science and Technology organized an expert group of 5 people to conduct an on-site inspection of the National Science and Technology Award Reserve Cultivation Project "Research on Massive Tungsten Polymetallic Rich Integrated Mines and Key Exploration Technologies in North of Jiangxi Province".

The Department of Natural Resources of Jiangxi Province recently publicized the evaluation report on the profit from the transfer of the mining right of the Huangpodi Tungsten Polymetal Mine (new resource reserves) and the main parameter table of the evaluation report, the evaluation value of the mining right of the Huangpodi Tungsten Polymetal Mine on June 30, 2020, was 1,745,700 yuan.

Yang-Kook Sun and others at Hanyang University in South Korea introducing tungsten into Li [Ni_0.95Co_0.04Al_0.01] O₂, NCA cathode to develop high capacity and excellent cycling of nickel-rich layered LiMO2 cathode. Relevant research results have been published in the internationally renowned journal "Energy Storage Materials".

Tungsten mine is an irreplaceable national strategic resource. The metal is known as "industrial tooth" or "industrial salt" because both of its melting point and specific gravity are much higher than other metals, while its hardness is only second to diamond. Zixing City, Hunan Province is rich in black tungsten and scheelite resources. These rare resources once became a ready source of money for some local people.

Analysis of latest tungsten market from Chinatungsten Online

China tungsten price maintained stability in the week ended on Friday September 18, 2020 as most enterprises considered profit-taking but transactions were still limited.