Analysis of latest tungsten market from Chinatungsten Online

The ferro tungsten and tungsten carbide powder prices in the Chinese market remained stable in the week began on Monday December 16, 2019 as the market is caught in wait-and-see atmosphere with sluggish demand. 

The world's first fully-electric powered seaplane has successfully taken flight in Vancouver, Canada, which would boost the lithium battery industry revolution. This purely electric commercial aircraft was obtained by the engineering company magniX, headquartered in Seattle, USA, by modifying a Canadian Seaport Airlines DHC-2 de Havilland Beaver seaplane with a capacity of 6 passengers and a 750.

Analysis of latest tungsten market from Chinatungsten Online

China tungsten prices continued to maintain stability in the week ended on Friday December 13, 2019 as a result of persistent weakness in the demand side and cautious sentiment of market participants. 

China rare earth prices maintain stability in the week began on Monday Dec. 16, 2019 on cautious sentiment of traders and quiet market trading. First, in the context of the relatively depressed global new energy vehicle market, downstream users take a watchful stance, and the demand has not fully recovered. The prices of light and heavy rare earth products have been ranged narrowly. 

Molybdenum market quotation in China: the latest of molybdenum concentrate, ferro molybdenum and molybdenum oxide prices are unchanged from the previous trading day due to thin market trading the market. 

Tungsten and molybdenum deep processing chains are set about forming tens of billions of non-ferrous metal clusters in Luoyang. The city adheres the high-quality development of the manufacturing industry as the main attack direction, implements the "eight-character policy" of supply-side structural reform, gives full play to the basic advantages, accelerates "565" implementation of a modern industrial system, and lays a good foundation for the advanced industrial foundation. Aims at building a trillion-level manufacturing industry base by 2025.

"Hai Yang Liu Hao" collected rare earth and cobalt-rich crust samples during its geological and geophysical survey of critical areas in the Northwest Pacific. This Chinese marine research vessel collected geological data and samples from the deep sea by using China's unmanned submersible "Haima", which can dive to a depth of 4,500 meters via remote control, and returned to Guangzhou after sailing for 35,000 kilometers of 122 days, according to the overseas website report.

Analysis of latest tungsten market from Chinatungsten Online

The tungsten powder and ammonium metatungstate (APT) prices in the Chinese market continue to maintain stability as the supply, demand and capital sides are in a stalemate in the last month of 2019. 

Rare earth market quotation in China: the neodymium oxide, praseodymium neodymium oxide and praseodymium neodymium metal prices edge higher on Friday December 13, 2019 as traders have high willingness to raise product prices. 

China molybdenum prices showed stable trend in the week ended on Friday December 13, 2019 as a result of low trading activity.