Analysis of latest tungsten market in China from Chinatungsten Online: Chinese tungsten market was not a strong support, with a stronger bad atmosphere last week. Traders moved fast to sell their products in high price, resulting the sharp decline of tungsten concentrate and APT price. Ferro tungsten, sodium tungstate, tungsten carbide, and tungsten powder prices also fell in a moderate way.

Rare earth market quotation: rare earth price in China continues a steady trend on the whole amid the price of cerium oxide, europium oxide and praseodymium neodymium oxide is unchanged from the previous trading day. Before the Chinese Spring Festival, supply and demand is in a stalemate, some of traders move fast to reduce stocks for more profits and downstream enterprises are stocking up according to their needs. The trading in the market now is thin.

The tight supply of molybdenum concentrate is difficult to be changed in the short term and under the quantity of steel biddings, the rise in price is expected to slow down. For the ferromolybdenum market, as ferromolybdenum manufacturers are expected to cut production by 30 percent, market supply and demand will reduce. And under the high production costs, the price this week will continue to rise. 

Analysis of latest tungsten market in China from Chinatungsten Online: Tungsten price in China is in a downward trend with limited transactions and weak market mentality, affected by short supply and weak demand. Market participants now have low willingness in trading and downstream customers try to press price down.

Rare earth market quotation: rare earth price in China maintains stability amid praseodymium neodymium metal price declines slightly and lanthanum oxide price is unchanged from the previous trading day. The market with heavy wait-and-see atmosphere is thin in trading and downstream enterprises purchase according to their orders, thus limiting the space of rise. Sellers in the market now are reluctant to reduce product prices, waiting for further guide from the market.

Molybdenum market quotation: the latest price of molybdenum concentrate, ferro molybdenum, and molybdenum oxide rises slightly in China. The international molybdenum market is active in trading and enquiry, with tight supply and sharp rise in price. In China, the supply of raw materials remains shortage and market demand increases. Therefore, molybdenum price in China is expected to rise. 

Analysis of latest tungsten market in China from Chinatungsten Online: Although the operating rate of mines maintains at a low level due to environmental protection policy and the coming of Chinese Spring Festival, sellers raise the willingness in selling. While terminal demand is not improved, tungsten market in China is caught in wait-and-see atmosphere.

Rare earth market quotation: rare earth market in China is quiet and the price of terbium oxide, europium oxide and lanthanum oxide remains unchanged. Market trading is in a stalemate as the market shows no good news from the policy side. And rare earth market is expected to maintain the current market trend in the short term.

Molybdenum market quotation: molybdenum price in China continues to rise in a moderate way amid the latest price of ferro molybdenum, ammonium heptamolvbdate and molybdenum oxide is in an upward trend. Approaching the Chinese Spring Festival, upstream enterprises are more willing to sell due to financial strain while downstream enterprises are stocking up. Market enquiry and trading volumes increase.

Analysis of latest tungsten market in China from Chinatungsten Online: Opening this week, domestic tungsten market is still covered with cloud, price continued to fall and market sentiment darkens. The market now is at the buyers’ side, only some customers would purchase in small quantities.