Analysis of latest tungsten market from Chinatungsten Online

The tungsten powder, ammonium metatungstate(APT) and ferro tungsten prices in China kept rising in the week ended on Friday September 27, 2019 on the end of Fanya stock auction and firm guide prices from listed tungsten companies. 

A modern tungsten production line belonging to Masan Resources in Thái Nguyên Province. Masan Resources has acquired Germany-owned H.C. Starck’s global tungsten business. 

The lineup for the final day of action at the Gibraltar Darts Trophy has been confirmed with Michael van Gerwen, Mensur Suljovic and Peter Wright, Glen Durrant, Gerwyn Price and Joe Cullen through.

21 tons of cobalt stocks from the bankrupt Fanya metal exchange (FME) are expected to be auctioned on 5 October by China's Yunnan government, following on from a string of auctions of rare earths, antimony and tungsten.

Rare earth market quotation in China: the neodymium oxide and praseodymium neodymium oxide prices declined slightly while dysprosium oxide price maintained stability at the end of September due to heavy wait-and-see atmosphere and thin market trading. 

China molybdenum prices maintained stability in the week began on Monday September 26, 2019 because insiders had different views on the outlook. The molybdenum concentrate market was weak and with the stricter environmental protection inspection, market confidence was boosted. But affected by weak demand, inquiry decreased. 

Analysis of latest tungsten market from Chinatungsten Online

China tungsten market has a continued rise in prices but rarely transactions concluded in the week began on Monday September 26, 2019. The tightening availability of raw materials supports firm offers, but downstream users with cautious sentiment are not active in trading, waiting for further guidance. 

Rare earth market quotation in China: the terbium oxide and neodymium oxide prices drop slightly while praseodymium oxide price is unchanged from the previous trading day due to low trading activity and limited deals concluded. 

Molybdenum market quotation in China: the ferro molybdenum, molybdenum concentrate and molybdenum oxide prices decline slightly on quiet market trading and deadlocked supply and demand. 

Analysis of latest tungsten market from Chinatungsten Online

China tungsten prices continue to be in the upward trend benefiting from rised new guide prices from large companies boosting market sentiment. Raw material manufacturers are eager to fill the gap of decreased profits caused by persistent low tungsten prices, so product prices are raised sharply. With the approaching of National Day holiday, the whole market trading would be quiet.