Analysis of latest tungsten market from Chinatungsten Online

Tungsten prices in China maintained stability in the week began on Monday February 25 because buyers and sellers have different psychological prices for products. Therefore, the market is caught in wait-and-see atmosphere, with rare deals concluded. 

Rare earth market quotation in China: the latest prices of neodymium oxide, praseodymium neodymium oxide and praseodymium neodymium metal declined slightly. On the one hand, the supply and demand are still in a stalemate; on the other hand, downstream purchasers remain low buying interests. Given that, market trading would continue to be thin. 

China molybdenum prices remain stable in the midweek February 26 as the market comes back to rationality. With the continued tightening availability of raw materials, molybdenum concentrate sellers have strong rised mentality; market participants in the ferro molybdenum market take a watchful stance for steel tenders; molybdenum chemical and product market got supported by cost and tight supply of spot goods. 

Analysis of latest tungsten market from Chinatungsten Online

Tungsten prices in China were unchanged in the week ended Friday February 22 on low trading activity after the Lantern Festival. Raw material manufacturers had strong rised mentality due to the tightening availability of spot goods, but few transactions were concluded. Considering thin market trading, market participants take a watchful stance on the whole. 

Rare earth market quotation in China: opening this week, rare earth prices are unchanged from last week due to continued deadlocked supply and demand in the market. Praseodymium and neodymium related manufacturers reduced product prices for more sales while dysprosium and terbium manufacturers have good sentiment due to tight supply. At present, the whole market trading is thin. This week, the price adjustment would be limited.

Molybdenum market quotation in China: It is going stable for the molybdenum price in this early week for the tension status is relieved of steel industry bidding and production capacity. Sales and producers are intended to reasonable to environmental supervision and balance between supply and demand. It shows a positive market status for the stable price of raw material molybdenum concentrate. 

Analysis of latest tungsten market from Chinatungsten Online

Tungsten prices in China were unchanged in the week began on Monday February 18 as market participants slowly came back to the market following the Lunar New Year. But factories would return to the normal production with the end of the Lantern Festival.

Rare earth market quotation in China: rare earth prices showed different trends in the week began on Monday 18. Prices of dysprosium related products rose slightly as listed prices of Southern Rare Earth were raised and downstream became active in inquiry. Due to low trading activity of downstream factories, praseodymium and neodymium related product got few orders. Under the environmental protection policy, the supply was tight with limited price adjustment. In the short run, market participants would be caught in wait-and-see atmosphere.

Molybdenum prices in China were stable with good momentum in the week to Friday February 22, affected by rised mentality of molybdenum concentrate sellers, active trading in steel biddings and good expectation for raw material markets. But with the end of steel tenders and the influence of low buying interests of terminal purchasers, traders were more cautious to the market trading. Considering a poor external environment and unclear environmental protection policy, most businesses would take a watchful stance in the short term.