Chinese tungsten and molybdenum import and export statistics in October is from customs shows that the overall trade amount is in the decrease.

The first shipment had been planned by December, but W beat the clock again by sending it out on November 30, just 10 days after concentrate production from the existing concentrator using tailings feed started up earlier than expected.

Raymond van Barneveld, one of the greatest darts players of his generation, has announced he will retire from professional darts following the 2019/20 World Darts Championship.

Analysis of latest tungsten market from ChinaTungsten Online

Chinese tungsten market remains weak adjustment in the first trading day of December on high pressure of funds. Although enterprises plan to stock up before the Christmas, the demand side continues to be weak with poor market confidence. 

The latest prices of lanthanum oxide, praseodymium oxide and praseodymium neodymium oxide maintain stability, supported by Chinese environmental protection and decreased imports of mines. Traders now have willing to raise their offer levels, but considering relative quiet market trading, the sales are limited. In the short term, rare earth price will stabilize. 

China molybdenum market quotation: Steel mills get a boost with a slight ease in recent Sino-US trade relations and thus businesses have more expectations for steel tenders. But due to continued imbalanced supply and demand, insiders are not active in stocking up.

Analysis of latest tungsten market from ChinaTungsten Online

Chinese tungsten prices were in the downward trend in the last week in November as the market was caught in heavy wait-and-see atmosphere. Terminal demand continued to be weak, enterprises faced capital pressure at the end of the year and purchasers remained low buying interests. 

Chinese rare earth prices continue the upward trend earlier in this week. On the one hand, the environmental protection inspection reduces the output of raw materials; on the other hand, customs in Yunnan Tengchong banned the imports of are earth mines from Myanmar since November. 

The latest prices of ferromolybdenum, molybdenum bar and molybdenum oxide drops slightly earlier in this week as the decline in prices and quantity of steel biddings weakens market confidence and purchasers remain low buying interests. 

Analysis of latest tungsten market from Chinatungsten Online

Chinese tungsten prices remain weak adjustment due to weak demand and capital pressure. Insiders now have a low confidence for the market in December. But for miners, they have strong willingness to stabilize the market.