Global tungsten industry has been extensive usage in a broad range of industries including metal working, mining, oil & gas, aerospace, defense, automotive, etc. Outlook 2019, the tungsten industry will be definitely propelled by this products, as they are vital in the modern industry. 

The tungsten industry maintains a smooth status in 2018. Output of tungsten concentrate keeps growth, especially cemented carbide keep going with the two-digit growth. Outlook of 2019 tungsten industry, the steady tightening situation of tungsten industry will continue. 

Tungsten minerals found in the Lost River Alaska further on, according to the historical estimate, the surface minable portion of the Lost River deposit hosts 18.84 million lb of tungsten, 7.7 billion lb of fluorite and 122 million lb of tin. 

Analysis of latest tungsten market from Chinatungsten Online

The ferro tungsten and tungsten powder prices in China remained weak adjustment after the holiday of Dragon Boat Festival owing to low buying appetite of downstream enterprises. As prices in the primary market are gradually approaching the level of costs, smelting factories purpose to cut output to ease deadlocked relationship between supply and demand. But that seemed little impact on the market. 

Rare earth market quotation in China: terbium oxide price continues to rise slightly while prices of lanthanum-oxide and europium oxide remained unchanged from last trading day. The National Development and Reform Commission held a meeting on the rare earth industry in a row, which raised the market's expectations for policy. In addition, the listing prices of the two major rare earth groups at the beginning of the week were steadily increased, which further boosted market confidence.

In the China molybdenum market, molybdenum concentrate market keeps steadily with firm offers because environmental protection and mining enterprises limiting production are reducing the output. Ferro molybdenum market is caught in heavy wait-and-see atmosphere as quantity and prices of steel biddings fail to meet expectation of manufacturers, resulting in low buying interests of purchasers in replenishments. 

Tungsten minerals has been mined in several locations across Alaska historically. Since tungsten has been found in 17th century, till now, it is become more and more widely used and know by ordinary people. China has the most tungsten output all over the world. 

Analysis of latest tungsten market from Chinatungsten Online

Ganzhou Tungsten released its tungsten forecast prices for the month of June: black tungsten concentrate price was $14,062.50/t, down $468.75/t compared with last month; ammonium paratungstate (APT) was $247.20/mtu, down $8.8/mtu; medium-sized tungsten powder price was $34.4/kg, down $0.9/kg from last month.

Rare earth market quotation in China: domestic rare earth prices continued to rise in the middle of June. Listed prices of praseodymium and neodymium related products climbed sharply in Northern Rare Earth and prices of gadolinium and terbium related products in Southern Rare Earth also rose steadily, which significantly promoted market confidence.

Chinese molybdenum prices are stable but start to show signs of differences as the raw material market's environmental reduction, tight supply and high product prices differ from the slow buying of terminal market and weak downstream stainless steel market.