Analysis of latest tungsten market in China from Chinatungsten Online: Recently, tungsten market moved forward tiredly, products prices were difficult to boost, market confidence continued to be weakened and the demand that used to be stable became weak under the depressed market sentiment. After hitting the historical high in August, tungsten prices fell sharply, disappointing the expectation of sustained high price.

Rare earth market quotation: As the rare earth market in China continues to maintain wait-and-see atmosphere, neodymium oxide, terbium oxide and other product price keep stable. 

Molybdenum market quotation: The latest price of molybdenum concentrate, ammonium tetramolybdate, and ferro molybdenum is unchanged from the previous trading day, owing to the thin molybdenum market in China. 

According to the August 14th major media reports, U.S. President Barack Trump in the White House signed a memorandum of administrative instructions.

Analysis of latest tungsten market in China from Chinatungsten Online: The guidance prices for the November from large enterprises and institutions are not released. Without clear market trend, market participants have low willingness in trading and most traders operate cautiously. Some manufacturers reducing product prices for more shipments weakens the support of tight supply of raw materials. Taken together, mainstream tungsten product price continues to remain weak adjustment.  

Rare earth market quotation: Chinese rare earth prices remain stable while the actual transaction is light. Stocks in the buyers’ market are relatively sufficient, but customers have no high willingness on purchasing, demanding lower prices. 

Molybdenum market quotation: The latest price of molybdenum concentrate, molybdenum oxide, and ferromolybdenum keeps stable on light trading in the domestic molybdenum market.

Analysis of latest tungsten market in China from Chinatungsten Online: The actual demand in recent tungsten market remains light, downstream enquiry and sellers’ quotation fall into a tug of war and most businesses operate cautiously. Enterprises postpone their price adjustment, waiting for the new guidance prices.

Rare earth market quotation: Rare earth prices in China continue to maintain stability amid praseodymium oxide price is unchanged from the previous trading day, as the trading volume in the market is light as always.

Molybdenum market quotation: The latest price of molybdenum concentrate, molybdenum bar and sodium molybdate is unchanged from the previous trading day as there have no favorable news in the current market.