Rare earth market quotation in China: the latest price of cerium oxide, terbium oxide and europium oxide maintains stability due to the quiet market. Affected by the holiday atmosphere and psychological game between upstream and downstream, regular trading has not yet recovered completely in the market. But insiders though that under the industry order readjustment and rising demand of rare earth functional material, rare earth price in 2018 is expected to stabilize with good momentum. 

Molybdenum market quotation in China: the latest price of ferro molybdenum, molybdenum concentrate and molybdenum powder is unchanged from the previous trading day as the market has not yet recovered from the holiday.

Analysis of latest tungsten market in China from Chinatungsten Online: Tungsten manufacturers are gradually returning to the market with the end of Chinese Lunar Year, mainly arranging production. Though some purchasers start enquiry, sellers are reluctant to quote for them, with fewer transactions concluded.

Rare earth market quotation: rare earth price in China maintained the same price after the Chinese Lunar Year, with thin market trading. News in the market are calm, downstream and upstream enterprises hold different views on prices, coupled with related factories have not yet started working. Therefore, rare earth price is stable.

International molybdenum price maintains at high level with rising raw material price and growing demand. Though the markets besides China are active, domestic molybdenum market is covering with holiday atmosphere. Most enterprises wait and see, continuing the same quotation before the holiday. 

Tungsten carbide powder market is expected to achieve a CAGR of 5.5% rise by 2024, from 14.5 billion valued in 2015 to 24.5 billion dollar. The expectation is depending on the increasing product demand in transportation, mining & construction and industrial engineering sector and increasing government investments to upgrade their public infrastructure, particularly in the BRICS nations. 

Tungsten market quotation in China: the new guide prices from larger tungsten enterprises were released last week, which showed relatively positive signals, and thus market confidence is supported. But with the coming of Chinese new year, more and more trading companies are gradually closed. The thin tungsten market will press tungsten price in the short term.

Rare earth market quotation in China: domestic rare earth price will continue to maintain stability before the Chinese Spring Festival amid the latest price of praseodymium oxide, terbium oxide and praseodymium neodymium metal is unchanged from the previous trading day, with thin market trading.

Molybdenum market quotation in China: the latest price of ferro molybdenum, molybdenum powder and molybdenum oxide is unchanged from the previous trading day. The market now is basically closed with the coming of Chinese Spring Festival, and thus the transactions are reducing. Some molybdenum enterprises get some orders besides China, but the quantity of export may be small.

In September 2017, the three phase 125/105 tungsten alloy armor piercing projectile was first displayed at the exhibition of Wang Zeshan academician education research achievements held at Nanjing University of Science and Technology.