Analysis of latest tungsten market from Chinatungsten Online

China tungsten prices maintain at a relatively high level supported by improved market confidence, high production costs and tight supply of raw materials. But some traders are not willing to trade at high prices without demand support, and thus actual transactions are limited, replying on rigid demand. In the short term, the spot market would continue to have prices but no sales. 

Rare earth market quotation in China: the latest prices of terbium oxide, dysprosium oxide and praseodymium neodymium metal continued to edge lower in the week began on Tuesday October 8, 2019 because of thin market trading and wait-and-see atmosphere. 

Molybdenum market quotation in China: the latest prices of ferro molybdenum, sodium molybdate and molybdenum oxide dropped slightly in the week ended on Friday October 11, 2019. After the holiday, downstream and upstream companies are not active in trading and the transactions are hardly concluded. 

For developing lithium batteries, John Goodenough of the University of Texas at Austin, Stanley Whittingham of Binghamton University, State University of New York, and Akira Yoshino of the Asahi Kasei Corporation in Japan were announced as the winners of the Nobel Prize at chemistry by the Royal Swedish Academy of Sciences at about 5:50 pm Beijing time on October 9. It is particularly worth mentioning that during the promulgation of the Chemistry Prize in recent years, a scientist has received extensive attention. He is John B. Goodenough!

Analysis of latest tungsten market from Chinatungsten Online

The ferro tungsten and ammonium paratungstate(APT) prices in China continue to keep firm in the week began on Tuesday October 8, 2019. Transactions for spot raw materials increase, but most of buyers prefer low-price resources, so buyers and sellers still have different views on trading prices. 

Rare earth ranks the first place in an article of French "Les Échos" listing Chinese eight high-tech fields leading the world. On the occasion of the 70th anniversary of the founding, achievements in the high-tech field of China have also attracted attention. According to French media reported on October 4, through the grand military parade and party activities, the country has demonstrated its new strength in front of the world, especially in the field. The following are "eight examples."

Analysis of latest tungsten market from Chinatungsten Online

China tungsten market was quiet in the first trading day after the holiday of National Day on continued deadlocked relationship between supply and demand. Considering the limited inventories of upstream mines and smelting factories, and relaxed environmental protection policy after the holiday, the trading in the spot market would be expected to recover. 

Rare earth market quotation in China: the europium oxide, cerium oxide and praseodymium neodymium oxide prices are unchanged from the previous trading day due to low trading activity and cautious sentiment of traders. 

Molybdenum market quotation in China: the ferro molybdenum and molybdenum concentrate prices declined slightly while molybdenum bar price remained stable. The decline is affected by the sharp drop of international molybdenum prices and wait-and-see atmosphere in the domestic market. 

Analysis of latest tungsten market from Chinatungsten Online

The whole tungsten market in China stabilized affected by the holiday of National Day. Tungsten ore prices remained at a relatively high level, smelting factories and intermediate traders followed the trend to raise their product quotations. As expected, terminal demand showed no signs of recovery.