Analysis of latest tungsten market from Chinatungsten Online

The European APT prices moved lower in the week ended Friday August 23, weighed down by bearish sentiment ahead of the late-August auction for the entire antimony stock held in the defunct Fanya Metal Exchange. Meanwhile, the Chinese APT export price was stable amid market uncertainty.

Rare earth market quotation in China: the neodymium oxide, praseodymium neodymium oxide and praseodymium neodymium metal prices edge higher compared with last trading day on increased trading activity and reasonable stocks. 

Molybdenum market quotation in China: the sodium molybdate, ammonium heptamolvbdate and ferro molybdenum prices are unchanged from the previous trading day due to cautious sentiment of traders and quiet market trading. 

Analysis of latest tungsten market from Chinatungsten Online

The tungsten power and ferro tungsten prices in China maintained stability but showed signs of rise in the week ended on Friday August 30, 2019 when a steel downturn in consumer spot demand and Fanya stock concerns weighted on the market. 

Rare earth market quotation in China: lanthanum oxide price rises slightly while the praseodymium oxide and praseodymium neodymium metal prices remain unchanged. In the light rare earth market, the prices of mainstream products have increased slightly. With the arrival of the traditional consumption season, the environmental protection supervision has been further pressured, and the low-cost supply in the market has gradually disappeared. Most of manufacturers have raised their prices. 

China molybdenum prices continue to be in the downward trend at the beginning of September on different sentiments of traders and deadlocked supply and demand. For molybdenum concentrate market, the prices are stable despite of decreased new orders. Most large enterprises still keep firm offers due to tight supply. 

Ganzhou is known as "World Tungsten Capital" and "the Rare Earth Kingdom". It is one of the national key non-ferrous metal production and processing bases. Based on resource endowment and industrial base advantages, and the devotion to accelerate revitalization, in December 2015, the city officially launched the construction of "China's Rare Gold Valley". In just a few years, the rare-earth permanent magnet material and the tungsten carbide industry have developed rapidly.

Analysis of latest tungsten market from Chinatungsten Online

The latest ferro tungsten and ammonium paratungstate (APT) transactions, bids, offers and assessments in Europe, Vietnam and China, with blue tungsten oxide (BTO) and yellow tungsten oxide (YTO) deals taken into consideration.

China rare earth prices maintained stability on the whole in the week began on Monday August 25, 2019 as both the supply and demand sides of the market were in a state of game, and the participants’ wait-and-see mood was more obvious. 

Molybdenum market quotationin China: the latest prices of molybdenum power, ferro molybdenum and molybdenum concentrate prices show signs of rise in the week ended on Friday August 30, 2019 with the impact of strong rised mentality of traders on high raw material prices and increased quantity of steel tenders.