Analysis of latest tungsten market from Chinatungsten Online

Although the supply of raw material is tight and sellers have strong rised mentality, downstream buyers are not willing to purchase at high prices. Given that, China tungsten prices continue to maintain stability. 

Rare earth market quotation in China: the latest prices of terbium oxide, dysprosium oxide and neodymium oxide edge higher while prices of praseodymium neodymium oxide and metal decline slightly due to the differences in the demand. 

China molybdenum prices are unchanged from last trading day, but show different trends. With the support of tight supply, molybdenum concentrate sellers are reluctant to sell at low prices. ferro molybdenum market waits for the next move in steel tenders and market participants try to avoid risks under deadlocked supply and demand. 

Analysis of latest tungsten market from Chinatungsten Online

Ganzhou Tungsten Association (GTA) has increased its tungsten price forecasts for March in response to the recent rebound in prices, while raising its concerns of a supply shortage because most producers have not yet resumed operations since the Lunar New Year holiday in February.

Rare earth market quotation in China: rare earth prices show different trends in the week to Tuesday March 12. Terbium oxide price edges higher as traders have strong rised mentality affecting by tightening availability of raw materials. Prices of cerium oxide, neodymium oxide and dysprosium oxide decline slightly on low buying appetite of downstream and thin market trading. 

China molybdenum prices show signs of rise in the week on Tuesday March 12 owing to good sentiment of market participants affected by raised international molybdenum prices and tightening availability of spot goods. Ferro molybdenum prices climb slightly when insiders wait for new offer levels of large mines and the next move in steel biddings. But the weakness in the terminal side still the main factor affecting market trend. 

Analysis of latest tungsten market from Chinatungsten Online

China tungsten prices remained unchanged last week after a slight adjustment with the release of average tungsten forecast prices of Ganzhou Tungsten Association and offer levels of listed tungsten companies.

Rare earth market quotation in China: prices of praseodymium oxide, lanthanum oxide and neodymium oxide were unchanged from last week. Under stricter environmental protection inspection and unstable trade economy, insiders remain low trading activity, taking a watchful stance. This week, rare earth market is expected to keep steady. 

Opening this week, the latest prices of sodium molybdate, ammonium molybdate and ferro molybdenum rose slightly boosted by increased international molybdenum prices and tightening availability of raw materials. 

Analysis of latest tungsten market from Chinatungsten Online

Tungsten prices in China remained stable on deadlocked supply and demand. The average tungsten forecast prices of Ganzhou Tungsten Association and offer levels of listed companies for March were mixed, showing insiders’ different expectations for upstream and downstream price trends.