Tungsten price in China sustains the growth this week. Supply crunches of raw material have not improved, but even intensified. Influenced by raw materials that are difficult to obtain and little demand, smelters’ quotations are slightly deadlocked.

Rare earth price in China sustains steady growth, and the performance of permanent magnetic plates is strong. Industry believes that under the influence of improved downstream demand, contracted supply, low inventory and many other factors, rare earth price in afternoon market will be strong.

Tungsten market in China maintained stability last week. The supply of raw materials is still tight, strongly supporting the tungsten price. But due to the limited downstream orders, the price is relatively slow to follow up.

Rare earth price continues to be strong. Sinolink Securities reports that prices of praseodymium neodymium oxide, terbium oxide and dysprosium oxide in the last week were respectively 510,000 (+95,000), 4,150,000 (+0) and 1,550,000 (+210,000) RMB/ton.

Tungsten market quotation: the latest price of tungsten concentrate, ammonium paratungstate and tungsten carbide powder continues to rise. Opening this week, tungsten market in China goes back to the upward tendency. Tight supply of tungsten concentrate is still the supporting factor, and the market prospect is optimistic.

Rare earth price in China continues to rise. Insiders attribute this growth of rare earth price to the "political supply shortage". On the one hand, the cracking down on speculation and profiteering is tighter, and the illegal exploitation of raw material unable to flow into the market.

Tungsten market quotation: the latest price of tungsten concentrate maintains steady growth. The price of tungsten carbide powder maintains steady.

Rare earth permanent magnet plate continues to strengthen, and rare earth price of praseodymium, neodymium, dysprosium, terbium continues to rise. The industry believes that the growth of this round of price is closely related to the cracking down on speculation and profiteering.

Tungsten products price in China recently showing a consolidation pattern again. The upstream and downstream of the industry chain are at a stalemate again.

Rare earth price in China sustains steady growth. Price of praseodymium, neodymium and dysprosium series is still positive. Although the China Rare Earth Office has issued a notice for market stabilization, traders are still optimistic about the market and insist on a conservative way in selling goods, in order to get more profit.