Analysis of latest tungsten market from Chinatungsten Online

China tungsten market has a continued rise in prices but rarely transactions concluded in the week began on Monday September 26, 2019. The tightening availability of raw materials supports firm offers, but downstream users with cautious sentiment are not active in trading, waiting for further guidance. 

Rare earth market quotation in China: the terbium oxide and neodymium oxide prices drop slightly while praseodymium oxide price is unchanged from the previous trading day due to low trading activity and limited deals concluded. 

Molybdenum market quotation in China: the ferro molybdenum, molybdenum concentrate and molybdenum oxide prices decline slightly on quiet market trading and deadlocked supply and demand. 

Analysis of latest tungsten market from Chinatungsten Online

China tungsten prices continue to be in the upward trend benefiting from rised new guide prices from large companies boosting market sentiment. Raw material manufacturers are eager to fill the gap of decreased profits caused by persistent low tungsten prices, so product prices are raised sharply. With the approaching of National Day holiday, the whole market trading would be quiet.

Apple plans to source the rare earth metals needed to build the iPhone 11 Taptic Engine from recycled components, as the company has a new strategy to make its products more environmentally friendly.

Baotou, a city that possesses large rare earth reserves is rapidly developing on the basis of energy, today, the city is actively promoting the transformation and upgrading of the industry through three measures to build the world "Magnet Valley".

Analysis of latest tungsten market from Chinatungsten Online

China's Zhangyuan Tungsten released its offer levels for the second half of September: ammonium paratungstate (APT) was quoted at $ 214.00/mtu, up $20.5/mtu compared with first half of this month; tungsten concentrate was stopped quoting. 

Series of tungsten metallurgy new technologies invented by professor Zhongwei Zhao have been widely used in tungsten enterprises and made outstanding contributions to the Chinese metallurgy position in the world. Speaking of Professor Zhao, many people are full of praise to him in the master clustered metallurgical profession of Central South University.

Three-dimensional printing technology is also known as augmentation manufacturing. Using this technology to manufacture metal devices is somewhat the same as our current powder metallurgy process. It is based on metal powder, such as ceramic powder and nano metal powder. The difference is that the material powder is not joined by sintering, but by sprinkler, the section of the part is "printed" on the material powder with special adhesive.

Analysis of latest tungsten market from Chinatungsten Online

The ferro tungsten and tungsten powder prices in the Chinese market continue to be in the upward trend benefiting from the auction of Fanya stocks and environmental protection inspection.