Rare earth market quotation in China: terbium oxide, praseodymium oxide and neodymium oxide prices continued to declined in the week ended on Friday November 8, 2019 due to heavy wait-and-see atmosphere in the market. 

China molybdenum prices were in the downward trend in the week ended on Friday November 8, 2019 on thin market trading. The molybdenum concentrate market was weak because prices and quantity of steel tenders failed to meet market expectations. 

Lynas rare earth plant announced a partnership with the MARA Corporation Sdn Bhd to mark their collaboration on several key projects. Beside attracting downstream industries and customers, it will also neutralize the bottom stream of plants, and the NUF (Neutralisation Underflow Residue) residues are commercialized and refined into fertilizer for use by Malay farmers.

Analysis of latest tungsten market from Chinatungsten Online

The tungsten bar and cesium tungsten bronze prices in China remained weak adjustment affected by low trading activity and limited demand of downstream. The market now focus on new offer levels from listed tungsten companies. 

Rare earth market quotation in China: the latest of lanthanum oxide, dysprosium oxide and praseodymium neodymium oxide prices are in the downward trend in early November. Although trading atmosphere becomes active, downstream demand does not follow up with limited new increased orders. 

Molybdenum market quotation in China: the latest prices of sodium molybdate, ammonium molybdate and ammonium heptamolvbdate dropped slightly because market confidence was hard to boost as a result of imbalanced supply and demand. 

ABB has inaugurated a lithium battery factory for energy storage systems used in railways, electric buses and electric trucks in the Swiss city of Baden. The new plant will assemble standardized battery modules from battery cells.

Highly nano-crystalline tungsten oxide mitigates lithium battery life decay, the nanoparticle is an N-type semiconductor material with a moderate band gap and is widely used in the field of energy storage due to its excellent electrical conductivity.

Analysis of latest tungsten market from Chinatungsten Online

The ferro tungsten and tungsten powder prices in China are unchanged from the previous trading day as most market participants are waiting for the new average tungsten forecast prices from institutions and offer levels from listed tungsten companies. Now the market faces pressure of imbalanced supply and demand with negative outlook. 

Analysis of latest tungsten market from Chinatungsten Online

Opening this week, the ferro tungsten price declined slightly while tungsten powder and ammonium metatungstate (APT) prices remained unchanged in the week began on Monday November 4, 2019 as the market was under pressure.