Chile plans to increase lithium carbonate production from the current 96,000 tons per year to 232,000 tons per year by 2027-making it the world's second-largest producer, according to Bnamericas.

Analysis of latest tungsten market from Chinatungsten Online

The tungsten concentrate price in China failed to move up despite the tight supply due to the stricter environmental protection inspection. But producers predict the raw material price will rise further before the Lunar New Year holiday (January 24-30). 

China rare earth prices show a narrow range on the whole in the first trading day of the year 2020. Firstly, due to the lukewarm inquiries from downstream users and the instability of purchasing psychology, market confidence is difficult to boost, coupled with the pressure of capital flow, a few rare earth smelting manufacturers' quotes have been slightly reduced; 

Molybdenum market quotation in China: the latest of ferro molybdenum, molybdenum concentrate and molybdenum powder prices maintain stability in the first trading day in the year of 2020 on relatively good trading atmosphere. 

Analysis of latest tungsten market from Chinatungsten Online

With the approaching of New Year, Chinese tungsten market is quiet with cautious sentiment of traders and stabilized prices. On the one hand, raw material enterprises have strong rised mentality as more and more factories stop production to undergo repair at the end of the year. The low-price resources are hardly purchased now. on the other hand, some factories are not active in stocking up when the market outlook remains unclear. 

Rare earth market quotation in China: the latest prices of europium oxide, neodymium oxide and dysprosium oxide continue its stability on Dec. 31, 2019 due to heavy wait-and-see atmosphere in the market. 

Chinese molybdenum price was adjusted in a narrow range in the last trading day on Dec. 31, 2019. The market inquiry and purchasing atmosphere still had a large room for improvement, and the actual transactions were limited. 

Analysis of latest tungsten market from Chinatungsten Online

Opening this week, Chinese tungsten prices are unchanged from last week when the raw material markets features tight supply and firm offers with more and more manufacturers stop quoting at the end of the year. But high-price transactions are hardly concluded despite raw material sellers keep good confidence. 

Analysis of latest tungsten market from Chinatungsten Online

The ferro tungsten and tungsten carbide powder prices in China maintained stability in the week ended on Friday December 27, 2019 as the whole industry is in a stalemate at present. The tungsten prices will continue this trend in the short term, keeping in line with offer levels from listed tungsten companies. 

Analysis of latest tungsten market from Chinatungsten Online

Chinese ferro tungsten and tungsten powder prices remain stable as most of insiders take a watchful stance in the market. With the approaching of New Year, downstream users are not willing to stock up, so prices got less support. Most listed tungsten companies tend to stabilize in December concluded from their offers.