Opening this week, tungsten market in China remains firm. Demand has not recovered, and some traders are still cautious. Supported by supply crunches and positive guidance of large tungsten enterprises, traders are bullish on the market. Tungsten price in China increased substantially.

Rare earth quotation in China is a little confusing. Willingness of supporting the price gets eased slightly. Rare earth price is still easy to rise and difficult to fall.

Tungsten concentrate market quotation: the latest price of tungsten concentrate, ammonium paratungstate and tungsten carbide powder rises collectively. Limited production caused by environmental protection and tight supply of tungsten concentrate still strongly support Chinese tungsten market.

Rare earth industry in China gradually revealed a trend of rational adjustment, and quotations vary widely. The early surge of prices caused by speculation led to the concern of the Ministry of Industry and Information Technology and industry associations.

Tungsten price in China this week mainly rises or falls at a very small range. The market turnover is still flat. Affected by raw material speculation enthusiasm, price of tungsten products at the beginning of this week showed a slight increase. However, as the demand has not increase and the market becomes cautious, raw material takes a consolidation pattern.

Rare earth price in China temporarily maintain stability. Price of Dy variety has callback. Recently, the quotation of rare earth materials is rather confusing. And the volume in market is low. As the pressure of cracking down on speculation and profiteering still exists, the supply contraction remains unchanged.

Yesterday, the overall tungsten market in china products tends to a wait-and-see mode. The fluctuation range of mainstream tungsten price relatively narrowed. Affected by the shortage of raw materials, currently the market purchasing enthusiasm is low.

Rare earth price in China maintains stability. Price of praseodymium neodymium variety is still on the rising. The rare earth plate has callback, while the permanent magnet plant shows a drop of 3%.

Shops have options when it comes to hard threading. However, specialist says most of them involve multiple operations and tools, each of which presents the risk of human error, a possible increase in cycle times and a probable hindrance of part consistency.

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