Analysis of latest tungsten market from Chinatungsten Online

The ferro tungsten and ammonium paratungstate (APT) prices in China are unchanged from the previous trading day as the auction of Fanya APT stocks, new guide prices from large companies and institutions, and demand in the golden September and silver October remain unclear. The whole tungsten market now is caught in wait-and-see atmosphere at the beginning of September. 

Rare earth market quotation in China: the latest prices of praseodymium oxide, cerium oxide and dysprosium oxide maintain stability in the midweek Wednesday September 4, 2019 considering the quiet market. 

The Chinese molybdenum prices remain stable as sellers' mentality is different and most of industries are focusing on the new round of steel tenders. For the molybdenum concentrate market, transactions are hardly concluded.  Downstream buyers' product profits are squeezed by costs, so they resistant to high prices. 

An international research team led by the University of Tokyo has discovered a new material - tungsten disulfide, when rolled into a nanotube, generates an electric current if exposed to light. If magnified and scaled up, scientists say that this technology could be used in future high-efficiency solar equipment, reported from Polaris Solar Photovoltaic Network.

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.