Analysis of latest tungsten market from Chinatungsten Online

China ammonium paratungstate (APT) export market remained quiet this week, with European consumers becoming increasingly cautious about restocking the raw material amid an uptick in Covid-19 infections across the region, while demand from Japanese buyers was also largely muted.

China rare earth market quotation: terbium oxide and praseodymium neodymium oxide prices continue to edge higher while cerium oxide price remains stable on December 4, 2020. Market trading activity slows down slightly after a sharp increase in previous stage and the market is expected to stabilize in the short term. 

China molybdenum price declined slightly in the week ended on Friday December 04, 2020 affected by weak international market and the end of steel tenders. 

Analysis of latest tungsten market from Chinatungsten Online

China’s tungsten concentrate price continues to strengthen amid tight supply from mining companies. The price increases for the raw material have also triggered higher offers for ammonium paratungstate (APT) but downstream tungsten powder and alloy consumers are resisting them amid weak economic conditions, resulting in a stalemate.

China rare earth price maintains stability on December 3, 2020 as downstream magnetic materials companies have relatively high sentiment for receiving and stocking goods driven by the development of emerging industries. 

Molybdenum market quotation in China: molybdenum concentrate, molybdenum oxide and ammonium heptamolvbdate prices are unchanged from the previous trading day due to low trading activity and cautious sentiment of market participants.

Analysis of latest tungsten market from Chinatungsten Online

Tungsten concentrate and ammonium paratungstate (APT) prices in China are expected to keep stable in early December because market participants believe there is little room for price falls with the support of production cost. 

Rare earth market quotation in China: terbium oxide and praseodymium oxide prices continue to increase while lanthanum oxide price keeps stable on December 2, 2020. After a previous sharp increase, now rare earth prices tend to slow down. 

Molybdenum market quotation in China; ferro molybdenum, molybdenum powder and molybdenum bar prices decline slightly on December 2, 2020 under many instabilities in the market. 

Analysis of latest tungsten market from Chinatungsten Online

The ferro tungsten and ammonium metatungstate (APT) prices in China continue to maintain stability in the last trading day in November as a stalemate is setting in between buyers and sellers, and only changes in demand patterns are likely to break the deadlock.