China’s tungsten concentrate prices continue 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.

Rare earth market quotation in China: terbium oxide, praseodymium oxide and praseodymium and neodymium metal prices continue to rise despite downstream buyers try to seek lower prices. Market trading is limited and most market participants are focusing on the impact of Two Sessions for the market. 

The latest prices of ammonium molybdate, molybdenum concentrate and molybdenum powder remained weak adjustment in the Chinese market. Due to the shortage of molybdenum concentrate stocks in the early stage and the concentrated bidding of steel companies, the prices of most molybdenum chemical products kept rising, but with the gradual weakening of downstream users' consumption power, suppliers' offers fell rationally, aiming to alleviate the imbalance between supply and demand.

Analysis of latest tungsten market from Chinatungsten Online

The tungsten price in China maintained stability in the week ended on Friday May 15, 2020 as raw material manufacturers held strong rised mentality while downstream users were not active in trading. The whole market trading remained muted. 

Rare earth market quotation in China: the terbium oxide and dysprosium oxide prices rise slightly while praseodymium and neodymium metal price remains stable in the week began on Monday May 18, 2020. 

Molybdenum market quotation in China: the latest of ferro molybdenum, molybdenum oxide and molybdenum concentrate prices are unchanged from last week on quiet market trading and deadlocked supply and demand. 

High-nickel and molybdenum austenitic stainless steel (SS) 904L and 254SMO have achieved mass production. Recently, the product development of the stainless steel branch of Gansu Jiugang Group Hongxin Steel & Iron Co Ltd. staged its new products - 904L and 254SMO super SS plates to the market and achieved mass production.

For Li-S battery, researchers from Peking University develop cobalt clusters in nitrogen‐doped porous carbon. The lithium-sulfur (Li-S) battery is considered a promising candidate for the next generation of energy storage systems due to its high specific energy density and low cost of raw materials. However, the practical application of Li-S batteries is limited by several weaknesses such as the shuttle effect of polysulfides and the insulation of the electrochemical products of sulfur and Li₂S/Li₂S₂.

Analysis of latest tungsten market from Chinatungsten Online

The ferro tungsten and ammonium metatungstate(APT) prices increase slightly when the market is in a stalemate. Raw material manufacturers have strong rised mentality while downstream users remain cautious sentiment. In the short term, the market will wait for the next move in the COVID-19, economy, demand and the Two Sessions. 

Rare earth market quotation in China: praseodymium oxide, neodymium oxide and cerium oxide prices keep stable on May 15, 2020 with increased transactions concluded in the market.